LUNC Price Jumps 8.6% as 9.59 Billion Tokens Burned and Binance Backs Network Upgrade

Terra Luna Classic (LUNC) experienced a notable price surge in the last 24 hours, primarily driven by heightened token burning activity—over 9.59 billion LUNC burned recently—alongside Binance's support for a network upgrade and market attention surrounding legal proceedings for Terraform Labs co-founder Do Kwon. These developments led to increased trading activity and significant short liquidations, further fueling bullish sentiment. As of the latest Binance data, LUNCUSDT is trading at $0.00005457, reflecting an 8.60% price increase over the past 24 hours, with strong trading volumes and a circulating supply of approximately 5.5 trillion LUNC.