LUNC Burn Could Pass 10 Billion This November
The Terra Classic (LUNC) community is burning tokens faster than expected this month. From November 1 until now, the total burn has reached 1,439,995,720 LUNC. November 4 is not over yet, so this total was reached in less than four full days.
Calculating the Current Burn Rate
| Data | Amount |
|---|---|
| LUNC burned (Nov 1–4, not full day yet) | 1,439,995,720 |
| Average burn per day | 359,998,930 |
| Estimated total for 30 days | 10,799,967,900 |
If this daily burn rate continues, the total burned in November could go over 10 billion LUNC.
Why the Burn Rate Is Rising
This strong start began with Binance burning 652 million LUNC at the beginning of the month. The recent drop in LUNC’s price has also helped increase the burn amount, since lower prices mean each dollar can burn more LUNC. More trading during price swings also adds to the total burned.
Outlook for November
If the average burn stays around 360 million LUNC per day, November could become one of the biggest burn months in Terra Classic history.
Disclaimer: This article is based on publicly available blockchain data. It is not financial advice. Actual burn totals may change depending on market activity.
