LUNC Burn Rate in 2023
Since a few months ago, the LUNC burn has been underway in full force. Investors began sending money to burnt-out (dead) addresses in an effort to cut down on the token’s abundant supply. As the holidays arrived with little pace, there had been a slowdown toward the end of 2022, but this has since changed significantly as of the first day of the new year. Investor recommitment has already increased the burn rate by more than 6,000%.
LUNC Burn Jumps 6,940%
The quantity of LUNC tokens being burned has significantly increased, according to this burning Tracker account on Twitter. it statistics had significantly decreased to 3 digits and lower by the end of 2022.
For instance, just 295,979 LUNC tokens worth $43 were destroyed on Friday, December 30. Nothing would change on the final day of the year because the…