The Terra Classic community is buzzing as Terraform Labs prepares for a monumental burn event tied to a $4.5 billion settlement with the SEC. This week, a massive amount of LUNC tokens will be burned, and the countdown to the burn deadline has begun. With 6.76 trillion LUNC still in circulation, this burn could create a serious supply shockāand potentially trigger a massive price surge! šš„
Why It Matters:
This burn isnāt just about reducing the supplyāitās a bold step in Terra Classicās mission to restore LUNC to its former glory. Every token burned helps drive the coin closer to its revival, and the Terra community is committed to making this happen.
Whatās Next:
In addition to the burn, the Shuttle Bridgeāwhich has connected the Terra Classic blockchain with other networksāwill close permanently. This move is designed to streamline the network, cut maintenance costs, and further align the blockchain with its long-term vision. ā”
Will LUNC Soar?
With this supply reduction, LUNC could be gearing up for a major breakout. Could we see the coin flying back to its all-time high? š Stay tuned for this potential market moverāLUNC might be ready for liftoff!
Donāt miss the action! Keep your eyes on Binance for trading opportunities and more updates as Terra Classic takes bold steps forward. šš„
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