Terra Classic (LUNC) has seen increased volatility with its price attempting to grow, likely due to Binance burning 1.4 billion LUNC tokens.
#binance burned 1.4 billion $LUNC 🔥🔥🔥🔥🔥#LUNC #USTC 💪
The burning, which took place on August 1, represents the 12th LUNC burning event in 2023, with a total of 71.6 billion LUNC burned so far. The coin's price grew on August 2 in response.
Author's summary: LUNC price prediction after token burn.