Binance, a popular cryptocurrency exchange, recently carried out its regular burn operations for the Terra Luna Classic (LUNC) token. In this process, a significant amount of 56 billion LUNC tokens were transferred to the burn address. This practice has been consistent for the past few months, with Binance conducting monthly burn events.
Curiously, the value of LUNC experienced a noticeable decline during these burn operations, but the exact cause for this remains uncertain. Stay updated on the latest technology news by visiting Access NEWSLINKER.
