Binance Burns 334M LUNC in Buyback-and-Burn Program
- —Binance burned 334,879,422 LUNC on October 1, 2026
- —Cumulative LUNC burns have surpassed 460.1 billion tokens
- —Binance alone accounts for over 88 billion burned LUNC
- —Daily LUNC trading volume remains below $10 million
Why it matters: The supply reduction failed to lift the price, with LUNC trading near $0.000052 on weak demand, highlighting the limits of deflationary mechanisms without real market interest.
Source: DailyCoin