๐ฅ LUNC BURNS CONTINUE โ CAN PRICE FINALLY REACT? ๐
Terra Classic continues to see ongoing
$LUNC and
$USTC burns, with the on-chain 1.5% burn tax contributing to increased burn activity.
๐ Whatโs happening?
๐ฅ LUNC burn activity has increased
๐ฅ USTC burns are continuing
๐ฆ Community Pool is expanding
๐ฎ Oracle Pool is also receiving additional funds
Despite the stronger burn activity,
$LUNC has yet to show a major price recovery and remains under pressure.
๐ฐ Current LUNC: ~$0.00005059
๐ Change: -0.88%
The big question now: Can continued supply reduction eventually translate into stronger price momentum? ๐
Burns can reduce supply, but price ultimately depends on demand, liquidity, market conditions and broader adoption.
๐ LUNC holders โ are you watching the next move?
DYOR โข Not Financial Advice โ ๏ธ
#LUNC #USTC #TerraClassic #Binance #Burn