NewsletterTerra Luna Classic (LUNC) Delisting Delayed By Crypto.com?
Highlights
- Crypto.com reportedly delays Terra Luna Classic (LUNC) delisting to April
- Terra Luna Classic members disappointed with irrational decision of the crypto exchange
- LUNC trading volume on Crypto.com dwindled as users transferred their holdings to other crypto exchanges
- LUNC and USTC price fell over 2% in the last 24 hours
Crypto exchange Crypto.com has reportedly delayed the delisting of Terra Luna Classic (LUNC) to April, as per emails received by some community members. The crypto exchange earlier informed affected LUNC holders via email about the delisting of LUNC by February 15, which was confirmed by CoinGape.
Terra Luna Classic (LUNC) Delisting
Terra Luna Classic community members shared emails regarding the delay of Terra Luna Classic (LUNC) delisting by Crypto.com to April until further notice. The community is pleased with the move by Crypto.com to delay and provide enough time for holders to make decisions regarding their LUNC holdings.
However, the community still expected an official announcement from executives or the exchange, as the FUD has impacted LUNC prices greatly.
New emails circulating state they will not delist LUNC on February 15th, and will delay their decision until April. Customers will still be able to trade, deposit, and withdraw LUNC.
The crypto exchange still seeks to delist Terra Luna Classic (LUNC), without citing any clear reasons for the decision. The LUNC trading volume on Crypto.com has decreased significantly after some users already transferred their holdings to other crypto exchanges and sold at higher levels.
The community is currently working on resolving disagreements related to the pay-per-job proposal after validators voted against the L1TF core security upgrade package proposal.
Read More: Terra Luna Classic Core Dev L1TF Security Upgrade Proposal Officially Rejected
LUNC and USTC Prices Slip Lower
Terra Luna Classic ecosystem tokens LUNC and USTC continue to drop amid low trading volumes, indicating lack of interest from traders. Most traders are actually shorting LUNC and 1000LUNC currently, as per liquidation data.
LUNC price fell over 1% in the last 24 hours and 32% in a month. The price is currently trading at $0.00009458, with a 24-hour low and high of $0.00009231 and $0.00009733, respectively.
Meanwhile, USTC price dropped 2% in the last 24 hours, with the price currently trading at $0.0241. The 24-hour low and high of $0.0238 and $0.0250, respectively.
Also Read: Jupiter Exchange — Why Is JUP Token Creating A Buzz?
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