Terra Luna Classic Delisting Confirmed By CryptoCom, LUNC Falls 10%
The Terra Luna Classic community faced a minor setback after some investors received emails of LUNC delisting from crypto exchange Crypto.com. LUNC price fell nearly 10% as holders were in dilemma whether to sell their holdings or await an official announcement on the Crypto.com website or social media channels.
Terra Classic (LUNC) Delisting
Some Terra Luna Classic community members shared concerns regarding emails circulating about LUNC delisting by Crypto.com on February 15. The community considered the emails could be a phishing scam putting customers in danger.
The crypto exchange’s response to inquiries fell short as there is no announcement on the website or social media channel. The community expects an official announcement from executives or exchange as the FUD has impacted LUNC prices.
In a reply to CoinGape Media, Crypto.com said “Such news are shared with our customer via email. In case you have received such an email with your anti-phishing code, it means that the information there is valid.” However, the exchange didn’t share any further details about customers impacted or jurisdictions where LUNC trading will be discontinued.
Meanwhile, Terra Classic (LUNC) price also fell in a major broader selloff today. Also, Terraform Labs has filed for bankruptcy protection in Delaware with a plan to continue working on goals while managing legal hurdles.
Read More: Terra Classic Community Turns Down Major Proposal; LUNC Price Retraces
LUNC and LUNA Prices Fell
Terra ecosystem tokens tumbled after Terraform Labs’ bankruptcy news, further increasing the downsides in LUNC, LUNA, and USTC.
Terra (LUNA) dropped over 8.6% in the last 24 hours, with the price currently trading at $0.6. The 24-hour high and low are $0.613 and $0.666, respectively.
LUNC price fell 10.7% in the last 24 hours, with the price currently trading at $0.00009812. LUNC has dropped 16% in a week. The 24-hour high and low are $0.000102 and $0.000112, respectively. Moreover, trading volume has more than doubled in the last 24 hours.
Also Read: Donald Trump Wants to Protect America From CBDC Threat, Receives Support
- Nasdaq-Listed AlphaTON Kicks Off Treasury Strategy, Buys $30M in Toncoin After $71M Raise
- XPL Token Soars 52% as Plasma Mainnet Launch Ignites Trading Frenzy
- ETH Treasury Firm SharpLink to Tokenize SBET Stock on Ethereum
- First Ethereum Staking ETF Begins Trading, Boosting ETH Demand
- Ethereum in a Bear Market, Peter Schiff Warns as ETH Slides Below $4K
- HYPE Price Prediction As Bitwise Files For Hyperliquid ETF – Is $55 In Sight?
- Shiba Inu Price Eyes Recovery From Demand Zone With Burn Rate Soaring Nearly 400%
- Bitcoin Price: Analyst Predicts Crash to $104K Before Explosive Rally on Fed Cut Pattern
- HBAR Price Elliot Wave Signals an 86% Rebound as Key Risks Remain
- Will Pi Coin Price Recover Before Month-End After Payochain Listing?
- Chainlink Price Prediction as Whales Buy 800K LINK — Can the Demand Zone Launch a Recovery?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
