LUNC Staking Hits All-Time High, Signaling Strong Community Confidence
Terra Luna Classic (LUNC) staking has reached an all-time high, with over 1 trillion tokens now staked. This milestone drives the staking ratio to an impressive 15.01%, reflecting growing community participation and confidence in the network.
The high staking rates and reduced supply are fueling optimism for potential price appreciation. When a significant portion of tokens is staked, it reduces the circulating supply, which can positively impact the token’s price.
About $70.15 Million Worth Of LUNC Has Been StakedThe recent burns of LUNC by Binance have further added to this optimism. As of now, $70.15 million worth of LUNC has been staked, a significant figure that underscores the strong belief in the token’s future.