Was terra luna Classic (LUNC) Delisting Postponed by Crypto.com?
Crypto exchange Crypto.com has reportedly delayed the delisting of Terra Luna Classic (LUNC) until April, according to emails received by some community members. The crypto exchange had previously notified affected LUNC holders via email that LUNC would be delisted by February 15, and this was also confirmed by parofix.
Terra Luna Classic (LUNC) Is Delisted
Members of the Terra Luna Classic community have shared emails regarding the delisting of Terra Luna Classic (LUNC) by Crypto.com being delayed until April until further notice. The community is pleased with Crypto.com’s move to delay and provide holders with sufficient time to make decisions regarding their LUNC assets.
However, due to FUD greatly affecting LUNC prices, the community was still waiting for an official statement from the administrators or the exchange.
New emails circulating indicate that LUNC will not be delisted on February 15 and will delay their decision until April. Customers will still be able to make transactions, deposit and withdraw funds at LUNC.
The crypto exchange is still trying to delist Terra Luna Classic (LUNC) without giving any clear reason for the decision. LUNC trading volume on Crypto.com decreased significantly after some users transferred their assets to other crypto exchanges and sold at higher levels.
The community is currently working to resolve disagreements regarding the pay-per-work proposal after validators voted against the L1TF base security upgrade package proposal.
Read More: Terra Luna Classic Core Dev L1TF Security Upgrade Offer Officially Rejected
LUNC and USTC Prices Fall
Terra Luna Classic ecosystem tokens LUNC and USTC continue to decline due to low trading volumes, indicating investor apathy. According to liquidation data, most traders are currently opening short positions at LUNC and 1000LUNC.
LUNC price has dropped over 1% in the last 24 hours and over 32% in a month. The price is currently trading at $0.00009458; The last 24-hour low and high are $0.00009231 and $0.00009733 respectively.
Meanwhile, USTC price is down 2% in the last 24 hours and the price is currently trading at $0.0241. The 24-hour low and high are $0.0238 and $0.0250 respectively.
Also Read: jupiter Exchange – Why Is JUP Token Creating a Voice?
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Varinder has 10 years of experience in the Fintech industry and has been dedicated to blockchain, crypto and Web3 development for over 5 years. A tech enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in more than 5,000 news stories, articles, and articles. Varinder believes in the great potential of future innovative technologies with parofix Media. He currently covers the latest updates and developments in the crypto industry.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
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