Crypto exchange Binance’s LUNC burn in total reached nearly $65 billion as the exchange burned another 1.19 billion Terra Classic tokens. Terra Classic price in spot and derivatives markets has failed to bounce this time amid a broader crypto market selloff and debates on chain rule violations by some validators. Binance Burns Nearly 1.2 Billion The post Why Binance LUNC Burn Fails to Rebound Terra Classic Price This Time? appeared first on CoinGape .