๐จ Binance Sparks
$LUNC Explosion โ 5.33B Tokens Burned in One Move ๐จ
Terra Luna Classic shocked the market on New Yearโs Eve with a nearly 20% surge in just 24 hours, briefly touching $0.000045 and pushing its market cap close to $250M ๐
So what triggered this sudden move? Letโs break it down ๐
๐ฅ Binance Burn = Instant Supply Shock
Binance executed a massive burn of 5.33 BILLION LUNC under its trading-fee burn program.
โข Total supply dropped from 6.477T โ 6.471T
โข Fewer tokens = short-term confidence boost
๐ Volume Went Parabolic
Right after the burn:
โข Trading volume surged to ~$110M
โข Thatโs a +620% jump in daily activity
Momentum traders reacted fast โก
๐ค Community Still Doing Its Part
Alongside Binance, the LUNC community burned 124M tokens through on-chain initiatives.
Small compared to Binance โ but consistency matters.
๐ Big Picture Burns
โข 436+ BILLION LUNC permanently burned since 2022
โข 432M burned in just the past week
Supply is shrinking โ slowly, but steadily ๐ฅ
๐ Price Structure Check
โข LUNC still down ~65% in 2025 (zoom out matters)
โข Holding key support near $0.000039
โข Resistance zone: $0.000043 โ $0.000049
โข Break above โ possible move toward $0.000065
โข RSI ~52 โ neutral, market waiting for direction
๐ง Bottom Line
This move was burn-driven, not hype-driven.
Sustainability now depends on:
โ Continued burns
โ Volume holding
โ Clean breakout above resistance
โ ๏ธ Note: Burns reduce supply, but they donโt guarantee sustained price growth without demand, utility, and ecosystem activity.
๐ฌ Can burns alone revive LUNC, or does it need stronger utility to survive long term?
$USTC $LUNA2
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#LUNC #USTC #TerraClassic #LUNA2 #DoKwon