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$LUNA adds 11% as Terra Classic Burn Hits 95B Milestone
$LUNA, the native token for the Terra blockchain, for staking & adjusting Terra's price, is up over 11% in the past 24hours & now trades around $0.6521, with inflow of $10.02M, as per Gate.io chart.
This follows the amazing report that the total Terra Luna Classic burn has reached 95 billion. The huge milestone follows a coordinated effort by crypto exchanges, validators, projects, & community members, averaging 600 million burn per week, which since November has increased substantially.