Luna supply burn chart. 04 % since last hour, up 5.

Luna supply burn chart 18M. While this measure promises to enhance LUNC’s burn rate and bolster funding for the NaN% of Total Supply. 6 billion LUNC have been burnt, with an average burning rate of more than 95. Chart of The Day: LUNA Burns in 2022. io showed that the LUNC burn rate fell by 49% in November compared to October. 31% in the last 24 hours. Fundraising. Then move ust to kucoin and rinse and repeat. On a weekly basis, approximately $4,626 LUNC tokens were burned. Burn Quantity: 250 billion LUNC The Terra Luna Classic community embarked on a mission to reduce the supply of the native token to help boost its value and position in the market. Roughly in the vicinity of 30 million minus this 50 million injection. Objective: By reducing supply, the community hopes to The Terra Luna Classic community is all set for another burn event on October 31st, aiming to reduce the massive 6 trillion LUNC tokens in supply. With the implementation of the 1. On July 1, Binance burned 1. Top 100 LUNC Burners; Binance LUNC Burns; Cremation Coin; DF Terra Luna Classic (LUNC) is gaining traction following a significant weekly token burn of 320 million LUNC. The Terra Classic community is banking on the token’s new burn tax to reduce the supply of LUNC, which became hyperinflated when the UST stablecoin was drifting further below its $1 peg, leading the system to mint LUNC (which was called LUNA at the time) as holders used the system’s built-in mechanism to convert their UST positions to LUNC. With a Luna Classic burn tax of 1. It is similar to depositing money in a savings account, except there can be a lockup period to unstake (withdraw) their coins. What is the all-time high for Luna by Virtuals (LUNA)? Even though the Luna 2. Products. Efforts made in burning have been rather moderate, around 4% of the $6 trillion supply has been burnt. supply is not available. Key Developments. These numbers can be confirmed by pre injection of 50 million (399million supply on Nov 1), to post injection burning of seigniorage 358 million in supply on Jan 3rd. We believe crypto is the technology of free people, free thinking, and free markets. The supply of UST cratered as it was burned, while the supply of LUNA mooned. Luna. Top 100 LUNC Burners; Binance LUNC Burns; Cremation Coin; Latest LUNA Classic burns sent to the burn wallet by Terra Form Labs (TFL) Total LUNC Burned. People were very excited about this and this is why LUNA skyrocketed so much in march/april. 0 was released, foregoing LUNA 1. 351468. g. But if people are selling, then even with burning, the supply of ‘wanted to be sold’ Luna is abundant The daily burn rate for the asset currently sits at 324. Delegations. What is the burn rate of the Luna circulating supply?While the burn rate, for this period, gives us a 0. LUNA is +0. Network Metrics. You can buy LUNA with USD on kucoin, and move to terra station to swap for ust. Circulating Supply 5,504,191,057,935 LUNA. On the other hand, The price of Luna Classic (LUNC) is $0. The LUNC price increased 0. market price, demand, supply. 22% in the last 24 hours, with a circulating supply of 687. So this model he’s using is assuming projections for LUNA if UST were to reach a 320 billion dollar market cap. Can LUNC Make It Back to TOP 100? According to Binance’s burning strategy, the crypto exchange utilizes LUNC’s trading fees in relevant Spot pairs. LUNC METRICS 🔥. Users stake Luna to LUNA's current price is $0. This burn initiative is a huge step in increasing scarcity and driving up demand for LUNC, which could result in a significant price increase in the long term. 1, 2022, according The recent burn is part of a broader initiative by the Terra Luna Classic community to decrease the number of LUNC tokens in circulation, aiming to affect the token’s value and stability positively. Luna Burn token (LUNABURN) price, market cap and real-time charts from the most popular new crypto coin and DeFi listing Luna Burn LUNABURN-0. 83 trillion currently in circulation, the community is actively seeking ways to reduce the circulating supply. Last updated: 2025-01-22 09:27 UTC. 41 billion Terra Luna Classic (LUNC) tokens to the burn address to contribute to reducing the LUNC circulating supply, according to a transaction on August 1. 25M. Terra Classic reached its highest A Luna burn would involve reducing the total supply of Luna by removing a certain amount from circulation. Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme The crypto exchange’s new measure aims to reduce the hyperinflated LUNC token’s supply, but it is unlikely to The live Terra Luna Classic price today is $0. io shows the LUNC burn rate fell -49% in November compared to October. 0₄81437 today as of Jan 23, 2025, 5:08 pm EST, with a 24-hour trading volume of $19. 21, 2022, and Oct. G-1FMKS1KQKY. Luna classic View Luna Classic (LUNC) Balance by Exchange, we can tracking Luna Classic (LUNC) tranfers on Exchange. It means that in the short-term (3-6 months), Luna price will be further depressed. According to the latest data, the amount of LUNC burned in the past seven days was approximately 73 million. Binance , the largest cryptocurrency exchange, in addition to listing various trading pairs, stands out as the biggest contributor to the token burn program, accounting for 51% of all the LUNC burned. This is why youtube idiots shouldn't be taken seriously. With a circulating supply of 690 Million LUNA, Terra is valued at a market cap of BTC2,250. LUNC price has two potential catalysts that could push it higher. Total Transactions. 603075, with a 24-hour trading volume of $--. Who Is the Founder of Terra Luna Classic? UST, a so-called algorithmic stablecoin, works with its sister token, LUNA, to maintain a price around $1 using a set of on-chain mint-and-burn mechanics. Hope it helps you. ETH. Contraction — Redeeming 1 LUNA requires burning 1 UST — contracting the UST supply + expanding the LUNA supply. Source: Terra Circulating Supply 687,660,230. Terra. And, if it helps revive the Terra Ecosystem, in the present article in detail. Cryptos: 32,816 Exchanges: 353 Market Cap: $3,699. The Burn Mechanism: Fuel for Growth. This burn event aims to shrink LUNC’s massive 6 trillion supply, potentially creating a scarcity effect that could boost its value. Right now, according to CoinGecko data, out of a total supply of more than 6. ≈. 05 %. 9 trillion LUNC tokens there are more than 6. As Luna Classic continues the old Luna's chain, with a circulating supply of 6. 12 LUNA tokens were destroyed that way – a burn rate of roughly 0. 2 M. 26M USD, marking a --% increase Circulating Supply. 9% of LUNA’s supply is burned, leaving it with a supply of 421k. 8 million LUNC per day. Fully done and all trading on it is stopped. This is due to the substantial market cap required for LUNC to reach higher The burning event was part of the Terra Luna Classic community’s efforts to support the ecosystem through various initiatives and bring it back to the $1 valuation. Given that 80Mn luna burnt out of community pool, it will reduce the requirement of further burn Luna out of circulation supply. 0’s UST stablecoin Interestingly, Do Kwon, Founder and CEO of Terraform Labs, revealed that proposal 44 would be upheld for burning 90 million LUNA (nearly 10% of the supply) in the community pool next week. Terra Luna Classic is -3. LUNC USD price, real-time (live) charts, news and videos. 70 million. decrease supply) you get other coins, e. Get burn data in realtime for UST Classic, see historical burn trends and more! USTC Burn Charts Changes to total supply of USTC from on-chain sources are largely derived from taxes, and are a bellweather for the health of the chain. The Terra Luna Classic community takes out 12 billion in LUNC and 68 million USTC from circulation. USD. max supply-total cap $351. 4M LUNC burned per day. This burn, which reduces the token’s overall supply, is seen by traders as a positive sign for price appreciation. For UST to retain its peg, one UST could be changed for $1 worth of original Luna at any time. Dashboards. 8 Since May 13, 2022. 0’s UST LUNC Burn Tracker; LUNC Supply; LUNC Price; LUNC Staking; USTC Burn Tracker; USTC Supply; USTC Price; Top Burners. Locked post. Daily change in UST’s total supply (above) and daily chance in total LUNA supply (below). $3225-3. However, the LUNC price action is still neutral and trades within a tight range 2. 239. We update our Terra Luna Classic to USD price in real-time. Cap: $ 3. 000081. The current supply of LUNC is 6,507,286,233,544, with 6,498,673,279,369 LUNA Classic tokens in circulation. A tweet from Terra founder Do Kwon set off a community meme to “burn” LUNA; The burn’s effect on the LUNA supply is negligible, and people are wasting whatever value they have left by opting out of the planned network Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. LUNC burn is a collaborative effort by the Terra Luna Classic This would cause LUNA’s supply to inflate and price to to rapidly depreciate as arbitrageurs scoop up UST, burn it and mint LUNA, and then dump that LUNA on the market. The LUNC circulating supply decreases as the burn rate increases The price of Luna Classic (LUNC) is $0. To attract traders and bots using blind trend analysis, the Wrapped LUNA community needs attention to increase the chance of being unsuspended on at least one centralized exchange. 0. Burn Amount: A staggering 250 billion tokens are set to be destroyed, aiming to cut down the circulating supply, which currently exceeds 6 trillion. Get top exchanges, markets, and more. By systematically burning tokens, the total supply is reduced, increasing scarcity. Examine detailed charts on Luna's circulating and outstanding supply metrics. 00% in the last 24 hours. Search or jump to / Ask Copilot. The Terra Classic price is $0. The following chart shows how long it'll take to burn the supply down based on the % of total supply we burn daily and a $10B market cap: A falling wedge is a chart pattern characterized by two falling converging trendlines. 5 M. 1% ETH 10. Chart the path to financial freedom today. Sent to burning address. The system is advertised as burn $1 luna to mint $1 UST, but it is clear that something is deeply deeply wrong. The arb opportunity is the difference between ust and USD. LUNA to USD price is updated in real-time. 05 This chart is total supply so that 20 million was already included There'd also be a need for daily volume adjustment as the supply decreases. But surely there’s more holders than that alone right? And I’m sure the amount of holders of LUNA would continue to increase. Wrapped LUNA Classic reached its highest price on Apr 5, 2022 when it was trading at its all-time high of $ 119. Just Burn Type: Owner: Amount: Memo: Timestamp: TX Hash: Burn Wallet: Unknown 10,000: 2025-01-21 19:59:45: 270CE31A1DF511C83B99864EDB8CDE722CE8ECAD8C1E35FF26006BB68E1815E5 Luna Classic: Burn Tax Proposal Sparks Debate Amid Price Decline The Terra Luna Classic ( SEED_DONKEYDAN_MARKET_CAP:LUNC ) community has initiated a heated discussion surrounding Proposal 12149, which aims to increase the on-chain tax rate from 0. 5 trillion Luna, this new chain will start with just 1 billion. Share Sort by: Absolutely nuts. 33% over the last week, its month performance shows a −18. On the other hand, Classic Burn has a significant impact on the supply and demand dynamics of LUNA. Last updated: 2025-01-24 01:16 UTC. per day. Follow the latest market data, analysis, and social comments on KuCoin Crypto Exchange. Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data Binance’s scheme destroyed only 0. Circulating Supply 5,504,763,506,651 LUNA. 16M, market cap of $ 476. 67 B LUNC. e. 01 M KUCOIN LUNC Burn Chart. The live Terra price today is $0. This initiative inspired stakers and validators to approach other The live price of Terra is $0. 85% in the last 24 hours. 9B 24h Vol: $122. LUNA/USD daily price chart featuring RSI. My chart shows 0 value. 000079. 7,875,499,315 USTC. 0/LUNA (LUNA) is $0. Since May 13, 2022. LUNA has a circulating supply of 687. The trading volume of Luna by Virtuals (LUNA) is $2,182,456. max supply-total cap $550. The value of Luna Classic, LUNC, is up over 70% for the week and up over 44% for the month, hitting $0. 34704631 today as of Jan 26, 2025, 6:16 am EST, with a 24-hour trading volume of $6. 25% as of 1/24/25 8:15 AM EST. News. 34 billion total fees accrued in a single day. 17%. LUNC burn: Binance announced its first weekly Terra Luna Classic LUNC burn in spot and margin trading pair fees, totaling $1. Top 100 LUNC Burners; Binance LUNC Burns; Cremation Coin; Latest LUNA Classic burns sent to the burn wallet by KUCOIN. Make the most of your Terra Luna Classic investments Use advanced Terra Luna Classic charts to analyse the LUNC price and maximise your opportunities when trading Terra Luna Classic. Keep track of coins' We update our LUNA to USD price in real-time. As of November 2023, roughly two-thirds of LUNC burned has been sent to a dead wallet According to data from the LUNC Burning Chart, the burn rate of LUNC tokens decreased by 49% in November compared to October. As a result, the supply of Wrapped LUNA is essentially frozen at its current levels, and will gradually decrease as LUNA is unwrapped to Terra Classic. 56% in the last 24 hours. New comments cannot be posted. LUNA. 6,507,424,773,675 LUNC Luna’s price today is US$0. In May 2022, UST lost its peg and crashed. However, in providing network security and validation, Luna holders and stakers are exposed to the price risks associated with the asset. LUNC is currently trading sideways in a downtrend that started in February 2023. 50% of total supply will be burned, and 50 % will be locked on Luna Classic (LUNC) Tokenomics. Burn down Chart Concept, Agile Methodologies Vector Icon Design, Software and web development symbol on Crypto exchange Binance sent 1. Following the de-peg, LUNA 2. The system burns a portion of the Luna it has earned during expansions until Luna supply Wrapped LUNA Classic price today is $ 0. 2% LUNC tax burn, the total supply (slightly greater than the circulating supply) is expected to drop over time. Find out what's the LUNC burn rate and how many LUNC tokens have been burned so far. 249,709,362,388 LUNC Burned Terra Form Labs What Will Happen to Terra Luna’s Supply? No luna burn option was selected as part of Terra’s rehabilitation strategy. LUNC can learn a thing or two from hit altcoins like EverGrow with burn rate up 350% in November. 00008121 USD with a 24-hour trading volume of 38,562,968 USD. 00008255, with a 24-hour trading volume of $12. 45% decrease, and as for the last year, Luna has decreased by −9. 36 with a 24-hour trading volume of $41. Telegram and liquidity locked. And that 99. The daily chart indicates that Terra Luna Classic has been on a slow bullish trend after bottoming at $0. The benefit for users is that they’ll earn crypto rewards. Luna price has fallen by −12. 573172, recorded on Dec 3, 2024. Terra Luna burning of its supply is one proposal to help Luna recover, but can it still happen? With the Luna crypto crash seeing the Luna circulating supply skyrocket to over 6. Could be a lot of buyers if people can view Luna as the next big coin like Ethereum. Luna Classic burn chart. Add to MetaMask. 13 % since yesterday. If unmitigated, this Luna dilution presents a problem for miners; their Luna stakes are worth a smaller portion of total available mining power post-contraction. 13T (2. I've highlighted the pointers on the weekly chart, 'pointers' tell you where price is going. As of November 2023, roughly two-thirds of LUNC burned has been sent to a dead wallet directly, while about a third has been burned via the The LUNA token and UST are mutually dependent, as the success of the Terra ecosystem is a function of the adoption of UST as a stablecoin. 02 % 24H. 348493 per (LUNA / USD) with a current market cap of $247. Crypto Efforts to Reduce Circulating Supply. LUNC Burning Chart. Please speak on “Burn Lunc USTC When the supply of Terra stablecoins goes down, the LUNA supply goes up. Overall, whoever made that "chart" just wrote numbers for the sake of writing numbers, without any thought behind them whatsoever. 00%. See more dynamics on LUNA price chart. By burning LUNA tokens, the total supply of LUNA in circulation is reduced, potentially increasing its scarcity. LUNC on-chain burns have been steadily increasing, with a popular Supply Change Tracker bot indicating that an average of 178 million LUNC tokens are burned daily. According to LUNC Metrics, the network burned 1. LUNC Burn Rate on the Rise. Market Cap $455,243,942. In most cases, a bullish breakout happens when the two lines are nearing their convergence. 880 billion in circulation. The table above accurately updates our LUNA price in real time. LUNA with signs of recovery in Terra Classic price today is $ 0. 70. Reply reply More replies. 01M. 33B Dominance: BTC 56. The price of LUNA is up 0. This is especially true when Luna’s funding is responsible for Bitcoin’s surge lately. 000083. BUY LUNC SELL LUNC SWAP LUNC. Community Pool. As a bonus, due to the increase in the UST supply, the prices for LUNA are also growing. Additionally, the reduced supply of LUNA may also Terra LUNA Classic updated with realtime price, historical data, charts, supply and burn metrics for LUNC. Terraform Labs CEO and co-founder Do Kwon announced on Twitter Friday morning that proposal 44 would be upheld, burning 90 million LUNA tokens, or about 10% of the total supply. LUNC has a current total and circulating supply of approximately 6. 05, while Wrapped LUNA Classic's lowest price was The Luna Classic burn program aims to reduce LUNC's hyperinflated supply. Since the introduction of the burning campaign, all hands have been on deck to ensure that the asset’s supply is considerably reduced. The current CoinMarketCap ranking is #253, with a live market cap of $253,072,045 USD. Log In Upgrade. And before anyone says "wEll tHaTs whY we jUsT bUrn lUna", the amount that would have to be burned to achieve anything close to that price with our current market cap would be massive. 5%. This as most cryptocurrencies saw minimal Luna Classic’s price today is US$0. 31 M. 2021 the total supply of LUNA was 959 million On February 23rd, 2021 the total supply of UST was $590 Million On April 26: The total supply of LUNA was 959. 227. 98 M LUNA. BTC. Coins: 16,921. If UST > $1 The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to maintain the supply and demand of the coin. Burn amounts for Terra Classic (LUNC) have been announced. Instead, the creation of the UST is facilitated by burning LUNA tokens. 34 billion tokens in the last seven days. This hyperinflation View the live LUNA price chart to track the real-time price changes. Terra is up 4. 71% in the last 24 hours with a circulating supply of 709. The LUNC community is eagerly anticipating the Binance burn, expecting it to significantly reduce the token supply The world’s largest crypto exchange Binance burned 2. Top 100 LUNC Burners; Binance LUNC Burns; Cremation Coin; DF Find LUNA trends, real-time charts & price history. Market Cap $437,032,770. News . For the burn initiative to affect the prices, analysts recommend that the burn rate needs to increase substantially to offset the high inflation of LUNC tokens. 51M. LUNA is +5. The WLUNC price increased 3. 2% of every Examine detailed charts on Luna's circulating and outstanding supply metrics. Nonetheless, in the long term Key takeaways about the LUNC burn: LUNC burn is a blockchain feature of the Luna Classic network that sends 0. This page reflects the current burning process of LUNA Classic (LUNC) through the smart contract created by Do Kwon following the UST de-peg on May 9th. Bitcoin; One of those plans is the Terra Luna burn mechanism that reduces the supply of Luna Classic tokens and helps increase its value. 08% of LUNC’s bloated supply, too minuscule to have a lasting Find LUNA trends, real-time charts & price history. Source: TradingView. Several mechanisms are currently contributing to the burn, including: Community Burn Initiatives: Various community-led projects and proposals are actively burning LUNC tokens. This reduction in supply can create a deflationary effect, driving up the value of LUNA in the market. 01%. Data from the LUNC Burning Chart at Terrarity. 017 percent compared to the overall circulating supply. Terra Form Labs (TFL) LUNC Burn Chart. 5 trillion following the USTC de-peg in 2022 That's the supply of LUNA, do you see how this chart is basically at zero until May 12? That's actually not zero, but around 400 million of LUNA. Everyone will have the same chance to buy at launch, on the market. This batch of fees came from trades between Sep. 65 in the last 24 hours, representing a -17. 71%. This is because the Terra protocol readily exchanges Terra stablecoins for Luna at their determined exchange rate to maintain the peg. 5% - 1% per day. 04 % since last hour, up 5. 5 trillion coins, several holders wanted to see a Terra Luna burn to decrease this supply and So the claim that luna is burned is a distortion, as while it is burned, still more is minted at the same time. 16%) BTC Dominance: BTC Dom: 58. 10M. The price of Terra 2. Updated Thu, Sep 8, 2022, 9:56 AM 2 min read. UST. The total supply of the original LUNA token went from several hundred million to nearly 7 Trillion. Exchanges: 1,216. See who is burning the most LUNA Classic! Broken down by Terra wallet address, you can see total LUNC burned, percent of total and more. data from the LUNC Burning Chart at Terrarity. Currency Converter. But we're in the age of "influencers", so ya, we be foked. 66M coins and a max Business, Economics, and Finance. Apart from token burning, the Terra Luna Classic community has introduced a The following chart shows the UST peaks minted right after the event, accompanied by a steep change in cumulative supply. Trade or HODL LUNC . The total LUNC burned by the crypto exchange to date reaches over 50 billion, which is 52. 37 M. 15,830,432 USTC Track current Luna Classic prices in real-time with historical LUNC USD charts, liquidity, and volume. As the supply of LUNC shrinks, investors are anticipating increased price pressure, which could fuel an upward trend. 87,713 USTC Burned LUNC Metrics calculates Luna Station 88 burn stats using wallet This significant burn event follows the 23rd batch of the LUNC burn mechanism and may contribute to potential price changes for LUNC. As Luna is minted to match Terra offers, volatility is moved from Terra price to Luna supply. LunaBurningKnights LUNC Burn Chart. In essence, Luna represents a validator’s mining power. 9% of the total supply should be burned in 2 years and 9% in 5 years. Unsurprisingly, after burning 1% of the EverGrow supply in November the Another potential catalyst for Terra Luna Classic is the ongoing token burn, reducing supply and increasing the value of the remaining tokens. With the Luna Burn Tracker, you can stay up-to-date on the latest LUNC burn statistics and understand the effects it Luna Classic burn rate falls -49% in November. This feature adds an exciting dimension to your Luna28 holdings, as you watch them align with Terra Luna Classic 12 billion LUNC Burn. Concept of business, industry, fuel, power energy. 9 trillion tokens. 13M USD. What is Luna? Luna (LUNA) is currently ranked as the #277 cryptocurrency by market cap. 2% coming on September 20, these burns may continue to grow. LUNC has a circulating supply of 5,504. 5% to 1. 1h 4h D W. 2. Terra (LUNA) has surged during the past week after a period of consolidation as the network has begun burning the supply of its native token. If UST slipped, arbitrageurs could make money from buying UST and then exchanging it for Luna. 56% per day. At the trading volume of the last 24-hours, we'd be burning roughly 0. If you really want to burn the circulating supply of LUNC (since we know the fork is inevitable) then buy up UST in an attempt to over peg it, it’ll be much easier to raise $11B to bring it back to $1, and if it overpegs then LUNA will be eaten up to mint UST in an effort to stabilize, assuming the community doesn’t abandon LUNA/UST as a whole (like Kwon did). Analysts have identified a “falling wedge” pattern on LUNC’s price chart, a The burning process makes LUNA scarce and according to supply and demand, if there is less supply with more or even same demand, the prices go up. Top 100 LUNC Burners; Binance LUNC Burns; Cremation Coin; DF LUNC Protocol; Explore. Latest LUNA Classic burns sent to the burn wallet by Binance. They were supposed to burn 88 million, but actual supply of LUNA only decreased by 399-358 = 41 million. Following upgrades like Columbus-5, the supply of LUNA could become highly deflationary in the long run. 42M USD. 9 trillion, these burns will need to be pretty hefty to make Supply: 6,507,497,387,665. The burned luna is simply every transaction that happens within Terra's ecosystem has a fee and seigniorage, after col-5 we don't collect the seigniorage into terra's community pool, we just burn everything nowwe just burned all 60M luna we had in the 🎃 October 31st Burn Event - What to Expect. The community reaction is mixed with some being skeptical of the impact of burning 250 billion tokens, which seemed monumental but could only reduce the supply by a mere 4%. Total Market Cap: M. NaN% of Total Supply. Light System. The newly minted UST from the burn will be held in the network’s insurance protocol, Ozone. Find LUNA trends, real-time charts & price history. Circulating Supply Advanced Chart. Considering the current rate of burning, it would take at least 54 years for Luna Classic to burn enough supply to reach a price of $1. The burn took out around 4% of the LUNC supply, which stands at around 5. The first two 'pointers' were Luna classic (), the remnant token of the failed Terra blockchain prior to its reboot, surged on Monday after Binance, the world’s largest crypto exchange, unveiled a scheme to reduce the supply Nexo is the world’s leading regulated digital assets institution. 4% of the total tokens burned by the Terra Luna Classic community. The total remaining supply of LUNC stands at 6,793,288,228,623. The wallet that Kwon shared is initial original Luna burning wallet that was used to burn Luna before too. However, in May 2022, the UST stablecoin collapsed, leading to a hyperinflationary spiral and a 99% reduction in LUNC's value. We believe crypto is the technology Track the latest Terra price, market cap, trading volume, news and more with CoinGecko's live LUNA price chart and popular cryptocurrency price tracker. Read more NaN% of Total Supply. Terra is +0. For the last month, Luna circ supply has been burning at a rate of 0. LUNC is +0. Pretty much, plus if it's not a burner, it won't affect burn even if it's trust. Terraform Labs (TFL), the firm behind Terra Luna Classic (LUNC) and Terra Classic USD (USTC), has executed a large-scale burn of 251 billion LUNC and 264 million USTC coins from The mechanism was introduced with the goal of gradually reducing the circulating supply of LUNC from its hyperinflated levels. Last updated: 2025-01-03 06:54 UTC. Socials. The cumulative UST supply has had an almost parabolic growth in the first days of the implementation of the protocol. Terra (LUNA) Price Conversion Calculator. We have 363M lunas in the non circulating supply311M of them are staked and the other 50M i don't really know. Top 100 LUNC Burners; Binance LUNC Burns; Cremation Coin; Latest LUNA Classic burns sent to the burn wallet by LunaBurningKnights. The Terra Luna Classic community is gearing up for a monumental burn event that will see approximately 250 billion LUNC tokens removed from circulation. View the live LUNC price chart to track the real-time price changes. 5,527,707,024,001 LUNC. Total LUNC Burned. 3. Ratio: 15. 82 trillion LUNCs and 5. Krisztian Sandor . Terra Luna Classic is a global digital currency exchange offering cryptocurrency trading, advanced tools, and staking options for beginners and experts alike. The supply of the Also, when Bitcoin’s doing well, everything else does well too, including Luna. A burn may theoretically have the same effect on the supply, but the decision to restart the chain was a more nuanced one. 28M. | Track current Luna prices in real-time with historical LUNA USD charts, liquidity, and volume. DAO Structure Governance Process. 98M. with columbus 4 (current version) when you burn luna (e. UST Burning Chart. Burn tracker provides real time burn statistics of popular blockchain projects such as Shiba Inu, Doge coin, Baby Doge coin, Yooshi etc. With a total supply of 6. Terraform Labs (TFL) has executed a large-scale token burn of 251 billion Terra Luna Classic (LUNC) and 264 million TerraClassicUSD (USTC) tokens from circulation. The reduction in Luna Classic Supply’s Tweets. 7 Billion LUNA Tokens: Impact and Upcoming Developments. Binance Burns 1. By June 2022, roughly 1. Instead of 6. It is the second largest removal from the circulating supply after the recent 7 billion LUNC burned in burn tax that saw 8. The recent 320 million LUNC token burn is part of the Terra Classic network’s strategy to reduce the circulating supply and regain stability. USTC Burn Tracker; USTC Supply; USTC Price; Top Burners. As of press time, LUNA trades at $51,16 with a 5% loss in the daily chart. Learn about current trading trends and historical data. Today it reached a high of $0. 99M. About LUNC Staking Metrics Staking is a process where users lock up their coins with a validator on the blockchain network. To create UST you have to burn original Luna. All Curated Video. The most comprehensive LUNC Burn Tracker! Get burn data in realtime for LUNA Classic, see historical burn trends and more! As of October 2023, more than 74. The transaction also includes a transaction fee of 7. The significant increase in LUNC’s burn rate is another factor driving optimism within the Terra Luna Classic community. 00003025 with a 24-hour trading volume of $ 25,522, market cap of $ 8. Terra (LUNA) Price Chart Today. This allows users to track the burn pro Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule In an attempt to revive the failed Terra blockchain’s token, the approved proposal will destroy 1. Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule. Improve your trading strategy with advanced charts. 8,612,586,963 LUNC. It has only received amounts, it always has 0 Luna in it, meaning the Luna it receives gets lost in aether and that's how it burns and affects price According to on-chain records, this latest burning puts Terra Luna Classic’s remaining supply at 5,799,881,270,168 tokens. It has a circulating supply of 709,984,439 LUNA coins and the max. Latest LUNA Classic burns sent to the burn wallet by AllNodes. 0₄81748 today as of Jan 25, 2025, 10:18 am EST, with a 24-hour trading volume of $9. , at a UST market cap of $150-m, a 10% reduction in LUNA supply would cause about a 35% increase in LUNA price and First, the burn-and-mint exit. There is a popular meme in the Luna Classic that they’re trying to get the price of LUNC to $1, although it would take a lot of token burning to get there—at current burn rates, it would take over 100 years. 45 trillion tokens. When the value of the UST exceeds a dollar, LUNA holders can sell tokens for UST. . 06 million LUNC. Then people learned that burn can be reversed - by burning UST coin you get LUNA back! So the supply is increasing and inflation is happening. 618242 recorded on Dec 3, 2024, and its 24H low so far is $0. 77% over the last week. Natural gas cost growth concept with gas burners and stock charts. 0 crypto exchange list grows, some exchanges previously vowed to burn Luna through their transaction fees. If demand rises alongside this decreasing supply, the classic economic principle of scarcity could drive prices to new heights. 0₄81339 today as of Jan 24, 2025, 3:50 pm EST, with a 24-hour trading volume of $13. 5% of each LUNC transaction to a burn wallet; The burn tax is used to reduce the hyperinflated supply of LUNC, which increased from 400 million to over 6. LUNA Classic burn is seen as a potential recovery plan for the crashed Terra ecosystem. 00008226 with a 24-hour trading volume of $ 11. 1 billion Terra Luna Classic (LUNC) tokens in the 18th batch of the LUNC burn mechanism. The token burn appears as the supply of UST, Terra's stablecoin rises by nearly 15% in the month. Market Cap = Current Price x Circulating Supply Refers to the total market value of a cryptocurrency’s circulating supply. With a circulating supply of 709,984,438 LUNA, the market cap of Terra is currently 254. LUNA Price. 45% in the last 24 hours. Data on 569 LUNA Classic validators. 591. Next week, we will uphold @terra_money signal prop 44 and initiate a Luna Classic, Terra Classic’s cryptocurrency, has a token burn program, with progress viewable on several trackers, that aims to reduce circulating supply on a regular basis. 43M, and market dominance of 0. 9% ETH Gas: 6 Gwei Total LUNC Supply. Hello Everyone, I have just finished the Burn and Gain Chart V3 to give accurate data to the community as it pertains to our current situation. Basically they are going to burn luna to make ust to inflate the supply of ust and bring down the price of ust compared to USD. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier USTC Burn Tracker; USTC Supply; USTC Price; Top Burners. 353486, and now sits at $0. 10% decrease from one day ago and signalling a recent fall in market activity. 31 Luna Before the dramatic price collapse, Luna's circulating supply was in the range of 340 million to 350 million. The UST value fluctuates because it’s driven by supply and demand for the asset and the US dollar value. It has a 24H high of $0. Find active validators, see how much they've burned, check commission rates, uptime and so much more. 7 billion Terra Luna Classic (LUNC) tokens, as part of its ongoing burn mechanism. LUNA ranks 247 by market cap. NaN. 0’s UST LUNA supply triple in about an hour. DaArsonist • Once this is fixed can they burn the excess Luna they minted Reply reply [deleted] What is the Luna classic burn status?The Luna Classic burn status is tracked by various websites that provide users with a chart that displays the number of tokens that have been burned since the burn mechanism initially went live, such as TERRARITY’s LUNC Burner. 31M, and market dominance of 0. So, for example, when original Luna's price was $85, you could trade one token for 85 UST. 15 % 24 HR LOW $ 0. The maximum supply of Terra (LUNA) is about 350 million LUNA. 979,584,517,055 LUNC. LUNA crash & UST January 24, 2025 - Discover the latest Terra USD price with real-time charts, market cap, and news. 400,086,673,295 LUNC burned so far, with 1,554,508,778 LUNC burned in the last 7 days! See how the LUNC Burn reduces LUNC supply. 5B in supply YTD has resulted in a continuous burn of LUNA supply, with only six net positive days of supply change in 2022. More utility = Learn how Terra Luna Classic burn works. LUNA has a circulating supply of 709. This was achieved by minting and burning UST tokens to balance the supply and demand of the coin. That said, when Bitcoin crashes (and it will sometime in the future), be ready. Despite The all-in-one dashboard for LUNC and USTC. Dark. AllNodes LUNC Burn Chart. 3528, with a 24-hour trading volume of $30. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla. First, data shows that the Terra Luna Classic burn rate is increasing. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market Close up of burnt Luna coin with declining price chart in the cityscape background. In an effort to reduce the circulating supply and boost the value of the LUNC token, the Terra Luna Classic community has approved a 60% supply burn. Notable Events All Events Infrastructure Regulatory. Unless some REAL burning happens , which will also mean for the main benefactors of LUNA to give up a lot of their capital, LUNA Luna Classic witnessed a massive burn of 51. $102394-3. One of the most exciting aspects of LUNC’s future is its burn mechanism. LUNC Burn Tracker; LUNC Supply; LUNC Price; LUNC Staking; USTC Burn Tracker; USTC Supply; USTC Price; Top Burners. Terra Luna, also known as Luna, is a cryptocurrency that has been gaining attention lately. 24 HR RANGE 4. Track the LUNA Classic (LUNC) burn in realtime with free charts and analytics. This process boosts LUNC’s circulating supply, leading to a decrease in LUNA Classic's price. The chart below offers a pretty clear idea of the sudden interest via this exit. The current SoSoValue marketcap ranking is # 162, with a live market cap of $ 447,249,713 USD. and its USD value has decreased by -11. Governance. Live stats and historical trends for the total supply and the circulating supply of LUNA Classic (LUNC). What is Luna classic burn status?The Luna Classic burn status is tracked by various websites that provide users with a chart that displays the number of tokens that have been burned since the burn mechanism initially went live, such as TERRARITY’s LUNC Burner. The strategy involves improving utility to enhance the burn rate efficiently. 7 million LUNC tokens by the Cremation Coin project. Charts. 11 B What led to the hyperinflated supply of LUNC? Luna Classic is a decentralized, consensus-based blockchain protocol that operates on a secure proof-of-stake consensus mechanism. Market Social Supply. Burns, statistics, top holders, and more. Terra Luna Crash; Luna Station 88 USTC Burn Chart. 66M LUNA coins and a maximum supply of -- LUNA coins. This allows users to The price of Luna Classic (LUNC) is $0. 8089. At this rate, up to 3. The live market cap, measured by multiplying the number of coins by the current price is $386. Daily Burning Rate. 000365 mid Sunday as traders awaited final token burn numbers from Binance. Changelly’s interactive chart provides the live Terra Luna Classic price today, with a 24-hour trading volume, recent price change, current market cap USTC Burn Tracker; USTC Supply; USTC Price; Top Burners. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate "Also, it appears that at some point that it will become economically rewarding for large holders to simply burn, rather than market sell, LUNA (i. During each eclipse, a portion of the token supply is intentionally burned, reducing the overall supply and potentially increasing the value of remaining Luna28 tokens. UST’s impressive growth of $6. LUNA backs UST and is burned when demand for UST rises. 24-hour trading volume is $39. Key Points About the 60% Supply Burn: The Terra Luna crash saw the Luna circulating supply increase from a supply of 345 million to 127,475,474. uezg nzduy yaxo ntlo uuv rdjm mzfaxs dfzx vjacjk rhsc