The Terra Luna Classic group’s token burn marketing campaign to scale back the LUNC circulating supply finds assist of one other crypto trade. Singapore-based crypto futures buying and selling platform WEEX introduced dedication to burn 30% of LUNC buying and selling charges, related to Binance burning 50% of buying and selling charges for LUNC burn mechanism.
WEEX and Binance to Contribute to LUNC Burn
Crypto trade WEEX in a publish on the X platform revealed its motive to stand firmly with the Terra Luna Classic group and the LUNC revival efforts.
WEEX plans to allocate 15% of buying and selling charges from its Futures Pro and Spot platforms to contribute to the LUNC burn marketing campaign. “This results in a significant contribution of 30% of our trading fees from all pairings” the trade stated. The LUNC burn assist follows as a part of the ambassador program to promote whereas lowering the general provide of Terra Luna Classic.
LuncLive validator proprietor Mr. Diamondhandz, one of many well-liked members of the Terra Luna Classic group, and different LUNC holders revealed membership within the WEEX ambassador program. WEEX is a non-KYC trade charging no maker charges and has US and Canada MSB licenses.
Binance has burned over 53 billion Terra Luna Classic (LUNC) tokens till now, with 2.21 billion LUNC tokens within the nineteenth batch of the LUNC burn mechanism.
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LUNC and USTC to Rally
LUNC price fell 2% prior to now 24 hours, with the Terra Luna Classic value buying and selling at $0.000179 on the time of writing. The 24-hour high and low are $0.000179 and $0.000185, respectively. The buying and selling quantity has dropped additional by 25% prior to now 24 hours, indicating a decline in curiosity amongst merchants.
USTC price additionally dropped 1% within the final 24 hours. The value presently trades at $0.0345, with a 24-hour high and low of $0.0340 and $0.0354, respectively. Furthermore, buying and selling quantity has decreased by 40% prior to now 24 hours.
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