🚨 Binance Sparks $LUNC Explosion — 5.33B Tokens Burned in One Move 🚨
Terra Luna Classic shocked the market on New Year’s Eve with a nearly 20% surge in just 24 hours, briefly touching $0.000045 and pushing its market cap close to $250M 👀
So what triggered this sudden move? Let’s break it down 👇
🔥 Binance Burn = Instant Supply Shock
Binance executed a massive burn of 5.33 BILLION LUNC under its trading-fee burn program.
• Total supply dropped from 6.477T → 6.471T
• Fewer tokens = short-term confidence boost
📊 Volume Went Parabolic
Right after the burn:
• Trading volume surged to ~$110M
• That’s a +620% jump in daily activity
Momentum traders reacted fast ⚡
🤝 Community Still Doing Its Part
Alongside Binance, the LUNC community burned 124M tokens through on-chain initiatives.
Small compared to Binance — but consistency matters.
📉 Big Picture Burns
• 436+ BILLION LUNC permanently burned since 2022
• 432M burned in just the past week
Supply is shrinking — slowly, but steadily 🔥
📈 Price Structure Check
• LUNC still down ~65% in 2025 (zoom out matters)
• Holding key support near $0.000039
• Resistance zone: $0.000043 – $0.000049
• Break above → possible move toward $0.000065
• RSI ~52 → neutral, market waiting for direction
🧠 Bottom Line
This move was burn-driven, not hype-driven.
Sustainability now depends on:
✔ Continued burns
✔ Volume holding
✔ Clean breakout above resistance
⚠️ Note: Burns reduce supply, but they don’t guarantee sustained price growth without demand, utility, and ecosystem activity.
💬 Can burns alone revive LUNC, or does it need stronger utility to survive long term?
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