Binance Continues to Support Terra Classic: 16th LUNC Burn Completed! Here is the Latest Amount of Burned LUNC!

Binance, the world's largest cryptocurrency exchange, again carried out a Terra Classic ($LUNC) burn.

Accordingly, Binance burned approximately 4 billion Terra Classic tokens in the 16th batch of the $LUNC burning process.

According to CoinGape, the 16th Burn party covers the period between October 31 and November 29, 2023. Accordingly, Binance sent and burned 3.90 billion $LUNC tokens to the burning address with the transaction it made today.

With the latest burn, Binance has burned approximately 40 billion Terra Classic tokens.

To date, the total $LUNC burned by Binance has exceeded approximately 43 billion, while the total $LUNC burned by the community has exceeded 83 billion.

It was also stated that the total $LUNC tokens burned by Binance to date are 43 billion, which corresponds to 52% of the total $LUNC tokens burned.

Binance announced that it burned 760 million Terra Classic tokens last month.

$LUNC's market value is at $670 million at the time of writing.

According to CoinMarketCap data, $LUNC, which has decreased by 0.4% in the last 24 hours, continues to be traded at $ 0.0001156.

*This is not investment advice.