LUNC BURN UPDATE: FACTS VS HYPE š„
Terra Classic ($LUNC) continues to experience regular token burns through Binanceās feeāburn program and the protocolās 0.5% onāchain tax. However, the circulating supply remains in the multiātrillion range, and there is no confirmed plan for a 90% supply reduction.
The ongoing burns provide a modest deflationary pressure, but given the ~5ā6 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
0.00007275
-1.54%