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.