Impressive Surge:
LUNC's value climbs 22% in 24 hours, contributing to its overall weekly gains.
Rebranded Identity:
Formerly Terra Chain's token, LUNC now represents the rebranded Terra Classic.
USTC Strength:
Both USTC and LUNC started the week strong, with USTC experiencing a substantial 300% surge.
Weekly Momentum:
LUNC maintains an impressive 88.38% weekly increase.
Ecosystem Interest:
The surge is attributed to growing interest in the Terra Classic ecosystem.
Binance Token Burn:
Binance burns 3.9 billion tokens, including 1.4 billion LUNC, influencing its price.
Strategic Alignment:
Binance's token burn aligns with the modified mechanism established after a community vote in December 2022.
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