How Much Will Terra Luna Classic Cost in the Future?
Join Our Telegram channel to stay up to date on breaking news coverage According to recent sources, Binance, the largest cryptocurrency exchange in the world, has implemented a new burn mechanism for the Luna Classic (LUNC) coin, which was initially utilized for the Terra chain. What remains to be seen after the next burn is how high LUNC can go. Luna Classic Continues To Rise The value of Luna Classic’s token soared by over 68% in one day after Binance’s original statement on the token burn mechanism for Luna Classic on September 26. More than doubling in value in only six days, the token went from a low of roughly $0.00018 on that day to over $0.00037 on October 2. Binance sends the trading fees it collects from LUNC spot and margin trading pairs to the LUNC burn address, where they are destroyed. The discussion implies that the regular Tuesday schedule will continue “until further notice.” As of Tuesday, October 11 at 00:00 UTC, the following fire w...