The Terra Luna Classic community is planning to remove 18 billion LUNC from supply through a burn process, which may positively impact the value of LUNC and USTC. The community has already burned 7 billion LUNC in a recent tax burn event, and the upcoming burn of 12 billion LUNC and 68 million USTC is expected to further reduce the circulating supply. This move aims to revive and re-peg LUNC and USTC to $1. The price of LUNC is expected to reach $0.0001 in July, driven by developments such as the Tax2Gas implementation and the burn of LUNC and USTC. However, the price of LUNC has dropped over 1% in the past 24 hours, currently trading at $0.00008196. The 24-hour low and high are $0.00008050 and $0.00008366, respectively, with a 21% decrease in trading volume. Despite this, the community remains optimistic about the potential price increase.

The Terra Luna Classic community's efforts to remove LUNC from supply are part of a broader strategy to revive the value of LUNC and USTC. The community has been actively working to reduce the circulating supply of LUNC and USTC, with a goal of re-pegging them to $1. The recent burn of 7 billion LUNC and the upcoming burn of 12 billion LUNC and 68 million USTC are significant steps towards achieving this goal.

The burn process is a key mechanism for reducing the circulating supply of LUNC and USTC. The community has implemented a tax burn system, where a portion of the transaction fees are burned, reducing the supply of LUNC and USTC. This system has been effective in reducing the supply of LUNC and USTC, with the recent burn of 7 billion LUNC being a significant example.

The impact of the burn on the price of LUNC and USTC is expected to be positive. As the circulating supply of LUNC and USTC decreases, the value of each token is expected to increase. The community's goal of re-pegging LUNC and USTC to $1 is ambitious, but the burn process is a crucial step towards achieving this goal.

The Terra Luna Classic community's efforts to revive the value of LUNC and USTC are not limited to the burn process. The community has also been working on implementing new features and technologies to improve the usability and adoption of LUNC and USTC. For example, the Tax2Gas implementation is expected to provide a necessary push to the price of LUNC, with the community expecting a recovery above $0.0001.

The Terra Luna Classic community's optimism about the potential price increase is driven by the progress made so far. The community has been actively working to reduce the circulating supply of LUNC and USTC, and the burn process has been effective in achieving this goal. The implementation of new features and technologies is also expected to improve the usability and adoption of LUNC and USTC, driving up demand and, in turn, the price.

In conclusion, the Terra Luna Classic community's plan to remove 18 billion LUNC from supply through a burn process is a significant step towards reviving the value of LUNC and USTC. The community's efforts to reduce the circulating supply of LUNC and USTC, combined with the implementation of new features and technologies, are expected to drive up the price of LUNC and USTC. While the price of LUNC has dropped over 1% in the past 24 hours, the community remains optimistic about the potential price increase, driven by the progress made so far.