Binance conducts further burning of Terra Luna Classic tokens

Binance, the renowned cryptocurrency exchange, recently executed a significant move by sending a whopping 56 billion Terra Luna Classic (LUNC) tokens to the burn address as part of their LUNC burn operations. This action closely followed Binance’s monthly LUNC burn, which has become a regular occurrence in recent months. Despite this pattern, the exact cause of the observed decrease in value during these burn operations remains shrouded in mystery. Stay updated with the latest tech news by visiting Access NEWSLINKER.