12 mins ago | 1 min read
Altcoin News- Over 1.5 billion LUNC tokens were burnt by DFLunc.
- At present, LUNC is valued at $0.00008949 as per CMC.
The previous few days have seen the burning of more than 1.5 billion LUNC tokens by an entirely new Terra Classic project that was introduced in April.As part of its monthly LUNC burn process, Binance burned 1.27 billion LUNC on May 1.
After Binance, the total LUNC burn was 55 billion, including 31.83 billion LUNC tokens supplied by Binance. After the Binance burns, the community kept burning new millions of LUNC using the new DFLunc Protocol project as it started to gain popularity. It is a DeFi protocol made up of several smart contracts to continuously burn LUNC supply.
The data suggests that 192 million LUNC tokens were burned in total, based on the available information. The current price of LUNC is $0.00008949 with a 24-hour trading volume of $86,380,747. In the past 24 hours, LUNC has decreased by 5.54% as per CoinMarketcap.
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Source: https://thenewscrypto.com/terra-classic-new-project-records-the-highest-lunc-burn-than-binance/