Why is Terra classic Luna burning so much?

Terra Classic Luna investors have continued to support the project as they hope to make LUNC valuable again via a series of community efforts, including burns and staking. To make this a reality, investors have increased the rate at which they are burning LUNC tokens, with tens of millions of LUNC burnt daily.

How much Terra classic (Lunc) burnt in one transaction?

Home Crypto News Market 96 Million Terra Classic (LUNC) Burnt In One Transaction, Nearly 150 Million... Terra investors continue to burn LUNC tokens. Terra Classic Luna investors have continued to support the project as they hope to make LUNC valuable again via a series of community efforts, including burns and staking.

How much Luna classic (Lunc) have investors burned?

To make this a reality, investors have increased the rate at which they are burning LUNC tokens, with tens of millions of LUNC burnt daily. Per data shared by LunaBurnTracker, an unofficial Twitter account that covers various Luna Classic burns, nearly 150 million LUNC tokens have been incinerated by investors in less than 72 hours.

How many Luna tokens were burned on September 17 2022?

Daily Burn Stats for Sat Sep 17 2022! 26,586,512 #LUNC ($8,347) burned! 36% increase. 79 burns @ 4 BPH. 1 LUNC = $0.00031394 #LunaBurn In a similar development, 27,337,229 (27.3) LUNC tokens were burned on Sep 18, with the tokens worth around $7,914.