LUNC BURN UPDATE: FACTS VS HYPE 🔥
Terra Classic ($LUNC) continues to experience regular token burns through Binance’s fee‑burn program and the protocol’s 0.5% on‑chain tax. However, the circulating supply remains in the multi‑trillion range, and there is no confirmed plan for a 90% supply reduction.
The ongoing burns provide a modest deflationary pressure, but given the ~5‑6 trillion tokens still outstanding, price impact is likely incremental. Institutional participants, including Binance, track the reductions transparently, reinforcing credibility. Rumors of a single 90% burn lack governance approval and should be treated as speculative.
Not financial advice. Manage your risk.
#LUNC #CryptoNews #Deflation #Binance #OnChain
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LUNC
0.00007854
-4.88%