Binance burned 736 million LUNC in its latest batch, bringing its total contribution to 70.85 billion. The Terra Classic community remains bullish despite price dips.

Binance Burns 736M LUNC—One of Its Lowest to Date
Cryptocurrency exchange Binance has sent 736 million LUNC to a burn address, according to a February 1 burn transaction. This marks one of its lowest burns since launching the LUNC burn mechanism to support the Terra Luna Classic ecosystem.
In its 30th burn batch, Binance burned $87,923 worth of trading fees collected between December 31 and January 30. According to the burn tracker, Binance has now burned a total of 70.85 billion LUNC tokens.

LUNC Burn Surpasses 400 Billion as Community Stays Optimistic
Last month, Binance burned 1.7 billion LUNC, largely due to a spike in trading volume following Terraform Labs’ bankruptcy and token burn activity.

📊 Key Burn Milestones:
- Binance Total Burns: 70.85 billion LUNC
- Community-Wide Burns: 400 billion LUNC surpassed
The Terra Classic community remains hopeful for a price resurgence, believing that continued burns and ecosystem growth could drive LUNC higher.
LUNC Price Outlook: Will It Recover?
At the time of writing, LUNC is trading at $0.00005883. Despite the recent price decline, trading volume has jumped 25% in 24 hours, indicating growing interest among traders.

🔹 Analysts’ Price Prediction:
- A potential rally toward $0.0005 if demand strengthens
- Community support and burns could push LUNC higher
While LUNC’s price remains volatile, many still believe in a long-term recovery fueled by continued burns and ecosystem development.