Binance Temporarily Halts Terra Classic (LUNC) Burns: Token Declines 12%

Stay informed about the latest developments in the Terra Classic (LUNC) ecosystem. Binance temporarily halts Terra Classic (LUNC) burns, leading to a significant 12% token decline. This announcement has sparked concern and volatility within the LUNC community.

The price of Terra Luna Classic (LUNC) has reacted negatively to the news, with LUNC is trading at $0., down 2.98% over the past period. This decline follows Binance's decision to adjust its LUNC burning mechanism.

Recently, Binance executed its 27th burn of Terra Luna Classic tokens, removing 1.048 billion LUNC from circulation. This burn on Friday, November 1 aligns with the ongoing effort to reduce the LUNC supply.

The decision to temporarily halt, and then modify, the burn program comes after months of consistent burns aimed at reducing the total supply of LUNC. As per the statement, Binance will decrease its Terra Luna Classic (LUNC) spot and margin trading fees burn to 50% instead of 100% from December 2025. This adjustment will undoubtedly impact the overall burning rate and potentially influence the token's price trajectory.

2 de sept. de 2025 Crypto exchange Binance’s LUNC burn in total reached nearly $65 billion as the exchange burned another 1.19 billion Terra Classic tokens, reflecting the sheer volume of tokens destroyed to date. However, this action contrasts with the current halting of burns, creating uncertainty among investors.

The Terra Luna Classic ecosystem tokens have seen significant price declines as whales and other investors offloaded LUNC, amplifying the downward pressure on the token's value. This sell-off highlights the sensitivity of the LUNC market to any changes in Binance's burn policy.

We will continue to monitor the situation closely and provide updates as they become available. Check back for further analysis on the impact of Binance's decision on the Terra Classic (LUNC) ecosystem.