MASSIVE LUNC Burn Next Month!! LUNC Crypto Price Prediction and News

Added: 2026-05-28

[00:00:00]Another big burn is just round the corner for Luna Classic LUNC.

[00:00:06]We're going to see hopefully some positive movement in the price based around this very bullish bullish event which will take place I believe on the 1st of June according to this tweets right here at the Binance exchange. Next LUNC burn is approaching which is on the 1st of June. Obviously we've had very high volume in May.

[00:00:26]The number of LUNC burns is expected to also be high. know exactly what quantity just yet, but this is something rather exciting. So, do you want to talk about LUNC and I want to say guys $250 giveaway happening on this channel winner announced on the 1st of July for all new subscribers. So, if you do subscribe to the channel I can visibly see who subscribes. If you've got the setting activated on your YouTube where it shows allows me to see that you've subscribed. I'm just hit the subscribe anyway you might get entered into that giveaway. So, hopefully someone's going to win it. Well, someone will win it on the 1st of July, but obviously I don't know who yet. So, good luck to anyone subscribing and let's quickly talk about it. Luna Classic 0.00008063 right now up 55% in a month. Obviously down a little bit on the day 2.27%. We are seeing things like Solana drop, BNB, Bitcoin is also dropping. So, these are all things that you know, clearly it's going to have a catalyst when it comes to Luna Classic and also all coins as well. If Bitcoin drops so do mainly a lot of other all coins. Now, looking at the LUNC burn tracker um the main thing is of course we have our top burners, you know.

[00:01:38]We know who our top burners are.

[00:01:40]Binance, Bitkub, um obviously Binance leading by far and basically they've done 3,000 burns individually, but we do have that next one coming up. When we look at the Binance Luna Classic burns they've done um a significant amount 84.57 billion which is a big amount, right? Of burns of the total burns have happened.

[00:02:01]Now, the last burn looks like, you know, there's been a few other burns here.

[00:02:06]The major ones in the first of each month. The last burn was 923 million tokens. So, we don't know what it's going to be. April's was 522 million. March's was 858 million. We actually had a billion in February the 1st, and we had way more than that. We had actually in the 1st of basically this year, 2026, there was 5.2 billion. So, we had 5.2 billion, 1 billion, um and yeah, you can see that number has sort of gone down slightly.

[00:02:38]Maybe it's going to coincide with the bear market and the bearish times that we're experiencing right now, but what we do know is that that burn is coming up and it's just round the corner. So, hopefully we can see an elevation here in the price and the movement and the community sentiment at least for Luna Classic at this particular time, because we need to see some sort of breakout of this horizontal channel, which is just trading like this. It's becoming a bit boring now being stuck in this channel, and we are forming and brewing that tension, which often leads to volatility. We just don't know if that volatility is going to be in our favor moving to the upside, which of course is what we want to see, or moving to the downside. Now, hopefully it won't be the downside, but we have to factor in both ways. If we do move to the downside, then of course we have the support to look at. We do have uh resistance to the north of of the price right now. So, basically the top band resistance here, if things get bullish and the market picks up, we could have a 6% move to the upside. But, on that bearish case scenario, if we do move down, we're looking around 5% uh bearish trend, which would probably land us around the 7 6 mark, uh where we have further uh support for Luna Classic at the moment. Do you want to say if anyone's trading or buying or accumulating or hodling, have a little look at the Bitget platform. Luna Classic is indeed here. And um right now they are doing, I believe, some very, very tasty newcomer giveaways and bonuses. So, if you're looking for a new exchange to double with, or just enjoy, have a look at Bitget. Globally accessible, one of my absolute favorites.

[00:04:11]Um so, yeah, guys, pretty good time to be looking at LUNC in terms of just being interested in the space. And you have to give, of course, you know, a shout-out over here to Binance for being a huge part of the support, a huge part of the journey. And um yeah, the exchange remains consistent with its support to the Terra Classic LUNC army. So, thanks for viewing this video. Like this video, share with your friends. And um yeah, you know, hit that subscribe for your chance to win $350. Winner announced 1st of July, 2026. We'll see very soon. Bye-bye.