LUNC Price Stagnates, Burn Rate Soars Amidst Community Vote and Key Support Level

Terra Luna Classic (LUNC) has paused its downward trend at a crucial support level as the weekly burn rate surged. The price of LUNC remained stagnant at $0.000060 this past few days, having dropped more than 66% from its December peak. Recent burns, totaling over 727 million tokens in the last seven days, have increased the total number of tokens destroyed since inception to over 407 billion. The Luna Foundation Guard (LFG) played a major role in these recent incinerations, burning an estimated 211 million LUNC and over 1.7 billion TerraClassic USD coins this week.