MEXC Ends The Terra Luna Classic (LUNC) Burn

Terra Luna Classic LUNC Burn

✍️ 20 September, 2022 - 12:37 👤 Editor: Jakub Motyka

The Terra Luna Classic (LUNC) burning event on the MEXC cryptocurrency exchange has come to an end. As planned, the burning of the crypto LUNC with the 1.2% tax on operations carried out on the exchange ended on September 18.

The same 1.2% burn tax on the operations carried out on the MEXC exchange on the Terra cryptocurrency Luna Classic (LUNC), to which Binance has refused to apply, has allowed the destruction of a large number of LUNC tokens in the period between September 4 and 18, both included.

MEXC Ends The Burning Of Terra Luna Classic (LUNC) Having Destroyed 466,330,428 LUNC Crypto Tokens

As announced by the crypto exchange MEXC on his official blog, during his campaign to burn LUNC has destroyed the amount of 466,330,428 tokens of Terra Luna Classic, which at the moment is equivalent to an approximate value of $136,774.715, that is, more than 136 thousand dollars.

The following table shows the amount of LUNC burned during each day of the MEXC exchange event:

Burn dateTxidAmount burned (LUNC)
2022-09-04LINK11,015,812.43
2022-09-05LINK14,461,785.28
2022-09-06LINK22,520,586.51
2022-09-07LINK71,023,573.19
2022-09-08LINK35,778,137.17
2022-09-09LINK56,631,784.91
2022-09-10LINK51,384,094.03
2022-09-11LINK30,588,175.21
2022-09-12LINK19,415,078.14
2022-09-13LINK22,611,444.35
2022-09-14LINK46,013,552.77
2022-09-15LINK32,620,292.08
2022-09-16LINK19,344,385.86
2022-09-17LINK18,990,017.04
2022-09-18LINK13,931,709.21
Table with the number of LUNC tokens burned during each day of the MEXC cryptocurrency exchange special burning event.

MEXC will continue to support the burning of Terra Luna Classic (LUNC) with the 1.2% tax once this measure of the community of Terra, something that is scheduled to happen between today, September 20, and tomorrow, September 21.

Terra Luna Classic (LUNC) Price Continues To Sink With Do Kwon On The Run

While Do Kwon, the founder of Terra, continues to be on the run (although he claims otherwise), the price of the Terra Luna Classic (LUNC) crypto continues to be weighed down by negative news about the founder of the original Terra project. At the time of writing this news, the price of LUNC is $0.0002933, still far from the monthly maximum of $0.0005888.

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Juan Pais
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