Luna Foundation Guard’s LUNC and USTC Tokens Removed from Circulating Supply

Luna Foundation Guard’s LUNC and USTC Tokens Removed from Circulating Supply
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A total of 222M LUNC tokens and 1.85B USTC were removed from circulating supply..
Coins in circulation do not include those in escrow, the team’s or foundation’s possession.
Saturday saw a tremendous increase in the price of Terra Luna Classic ecosystem tokens due to the removal of 1.85 billion USTC and 222 million LUNC tokens from circulation in the Luna Foundation Guard (LFG).
In only a few hours, the price of LUNC surged by more than 10% and the price of USTC by 18%; however, they quickly reduced their gains. A total of 222,000,000 LUNC tokens and 1.85 billion USTC were removed from the circulating supply. The decision is based on the fact that the account has not been used for over two years.
Removed from Circulation Supply
Consequently, there are now 7.1 billion USTC in circulation. Coins in circulation do not include those in escrow, the team’s or foundation’s possession. According to CMC, assets that are not publicly tradable, have been locked (via smart con

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