Terra Luna Classic (LUNC) $LUNC

continues to trade in a narrow range, with the price sitting at $0.000061 as of Friday—slightly below the weekly peak of $0.000073. The token has declined by 64% from its December highs.LUNC $LUNC is now on the brink of a significant milestone: a cumulative burn of 410 billion tokens. Current data indicates that over 409.4 billion LUNC have already been permanently removed from circulation. With weekly burns exceeding 304 million, the total is expected to surpass 410 billion by the end of May or early June.Token burns are a deflationary mechanism where coins are sent to an unrecoverable address, reducing overall supply and potentially increasing value for remaining holders—especially in staking-based ecosystems.The largest contributor to the burn has been Terraform Labs, which has destroyed over 249 billion tokens, mainly during its 2024 bankruptcy proceedings. Binance ranks second, having burned more than 72 billion LUNC by allocating a portion of trading fees. Other contributors include DFLUNC Protocol, LunaticsToken, and MEXC.Terra Luna Classic emerged from the ashes of the original Terra ecosystem, which collapsed in 2022 after its algorithmic stablecoin lost its peg—wiping out more than $40 billion in value. Today, LUNC $LUNC operates as a community-driven initiative while the original team transitioned to Terra 2.0.