The burning of 1.1B LUNC reignites the Luna Classic frenzy.

November kicked off energetically with the Terra Luna Classic community (LUNC) as more than 1.18 billion LUNC tokens were burned in just three days. As usual, Binance was leading the way by burning 655 million tokens on November 1, 2025, equivalent to 50% of the transaction fees related to LUNC. Two days later, an additional 481 million tokens were burned, reducing the circulating supply to 5.49 trillion from the initial 6.48 trillion.

However, the price of LUNC did not react positively, falling 7.3% in the past 24 hours and decreasing 14.4% over the week. Meanwhile, the community is still fiercely debating the “MM 3.0 LUNC roadmap” with ambitious price targets ranging from 0.02 USD to 1 USD. Many long-term investors are skeptical, believing that these predictions are overly optimistic in the context of sharply declining trading volumes.