$LUNC 🌙 The LUNC token (Luna Classic) has been experiencing a significant token burn, with over 394 billion tokens burned to date, representing approximately 6.3% of the total supply. This burn is carried out to reduce the supply of tokens in circulation and increase their value.

Summary of the LUNC burn:

- Tokens burned: Over 394 billion

- Total supply: 5.5 trillion tokens

- Daily burn rate: 19.6 million tokens (on December 22, 2024)

- Goal: Reduce the supply of tokens and increase their value

The LUNC burn is conducted through a 0.5% burn mechanism on each transaction, which helps to reduce the supply of tokens in circulation. The price of LUNC has experienced fluctuations but has shown signs of recovery, with an increase of 1.82% in the last 24 hours.

LUNC

0.00003776

-3.87%

pippin

Alpha

0.44698

+7.58%

WET

Alpha

0.20836

+2.83%