Why is Boycott Binance trending on Twitter?

An army of Twitterati claiming to be hardcore Terra Classic (LUNC) supported has started an ominous trend targeting none other than Binance.

The #BoycottBinance hashtag is trending on every crypto user’s Twitter feeds. And the reason it is booming higher is the LUNC community’s anger toward Changpeng Zhao, the CEO of Binance.

CZ rattles LUNC burn supporters

The Terra Classic team  introduce a burn mechanism. In doing so, the ecosystem wants to permanently remove 1.2% of all  LUNC transactions  from the active supply.

CZ supported the change, but in a recently asked AMA on twitter, he recommended that Binance should begin taxing “opt-in traders” 25% after the consensus of LUNC investors.

YouTube crypto king shared a video talking about how to boycott Binance. Some users also showed screenshots of their high withdrawal fee and how it traps tokens on the exchange.

Traders suffer from Terra Classic FUD

The ongoing FUD created trouble for spot LUNC traders as the token’s price entered a free fall since CZ’s AMA on Sep. 23.

On the daily chart, LUNC was down nearly 20% from its Sep. 23 peak of $0.00028384.

From the look of how things are going, LUNC’s price could crash further.