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HomeCrypto NewsMarketCremation Coin Burns 77M Terra Classic, 234M LUNC in a Month

Cremation Coin Burns 77M Terra Classic, 234M LUNC in a Month

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Cremation Coin burns millions of Terra Classic (LUNC) again.

The project has burned a whopping 234 million Terra Classic (LUNC) in three transactions this month alone.

Cremation Coin has again shown its commitment to the Terra Classic (LUNC) burn initiative, recently incinerating a massive 77.9 million tokens in this week’s burns. The project has been the largest LUNC burner weekly for the past three weeks. 

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The latest burn transaction, which involved a total of 77,919,761 LUNC, occurred today at 02:44, per data from Terra Finder. The Cremation Coin team drew attention to the development, emphasizing their commitment to achieving even greater results. They also reiterated that higher burns could only be attained through increased weekly transaction volume.

 

Cremation Coin now has a total cumulative burn of 277 million LUNC in a relatively short period of time, with the majority of these burns have occurred this month.

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The project has incinerated 234 million tokens in the past three weeks, making it the biggest burner within this time frame. The transaction immediately before this one saw the incineration of 106 million LUNC on March 14, marking Cremation Coin’s largest single burn so far. Two weeks back, the project burned 51 million tokens. The project noted that they now burn 6% of their volume for the week in support of the Terra Classic burn campaign.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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