Terra Classic New Project Records the Highest LUNC Burn Than Binance

• Over 1.5 billion $LUNC tokens were burnt by DFLunc.
• At present, $LUNC is valued at $0.00008949 as per CMC.

The previous few days have seen the burning of more than 1.5 billion $LUNC tokens by an entirely new Terra Classic project that was introduced in April.As part of its monthly $LUNC burn process, Binance burned 1.27 billion $LUNC on May 1.

After Binance, the total $LUNC burn was 55 billion, including 31.83 billion $LUNC tokens supplied by Binance. After the Binance burns, the community kept burning new millions of $LUNC using the new DFLunc Protocol project as it started to gain popularity. It is a DeFi protocol made up of several smart contracts to continuously burn $LUNC supply.

$LUNC Burn Rate (source: $LUNC Metrics)

The data suggests that 192 million $LUNC tokens were burned in total, based on the available information. The current price of $LUNC is $0.00008949 with a 24-hour trading volume of $86,380,747. In the past 24 hours, $LUNC has decreased by 5.54% as per CoinMarketcap.

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