Binance burns 334M LUNC tokens but price remains stagnant due to low trading demand.

Binance recently burned 334.9 million Terra Luna Classic (LUNC) tokens as part of its ongoing Buyback & Burn campaign, pushing the total tokens burned to over 460 billion. Despite this significant reduction in supply, LUNC's price has barely moved, currently trading at around $0.000052. The lack of price response is attributed to low trading volume, under $10 million daily, and weak demand. However, increased whale activity suggests potential for future price movement, though competition and market conditions continue to challenge LUNC's recovery.

As of Oct 02, 2026 02:32 WIB, LUNC trades at Rp0,95 on Pluang with a modest 1-day gain of 0.23%. Despite the recent large token burn, LUNC's 24-hour trading volume remains relatively low at Rp173,8 million. Meanwhile, Binance Coin (BNB) shows stronger activity, priced at Rp13.807.138 with a 0.70% increase and a 24-hour volume of Rp23,86 trillion, highlighting a contrast in market engagement between the two assets.