$2.7 Billion worth of LUNA tokens burned in December $2.7 bi | IDO NFT SHILLER

$2.7 Billion worth of LUNA tokens burned in December

$2.7 billion worth LUNA tokens, the native asset of Terra blockchain, have been burned so far in December as UST demand spikes.

Recently, the token has marked its all-time highs of $104. Today, LUNA prices are at $98.68, with a spike of 26% on a seven-day basis.

LUNA has surged in value and is up 18,134.1% for the year, ranking at the ninth-largest cryptocurrency by market capitalization.