Published Jul 02, 2023 04:26AM ET Updated Jul 02, 2023 06:00AM ET
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.
The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn, with LUNC seeing a 3% price increase.
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed