Terra Luna Classic (LUNC) Delisting Confirmed by CryptoCom
Recently, some investors received emails about the delisting of Terra Luna Classic (LUNC) from crypto exchange Crypto.com. This caused uncertainty among LUNC holders, who were unsure whether to sell their holdings or wait for an official announcement from Crypto.com.
Concerns About Delisting Emails
The Terra Luna Classic community expressed concerns about the emails circulating regarding the delisting of LUNC by Crypto.com. Many believed that these emails could be a phishing scam, potentially endangering customers.
No Official Announcement Yet
Crypto.com has not made any official announcement on their website or social media channels regarding the delisting of LUNC. This lack of response from the exchange has caused frustration within the community, as the fear, uncertainty, and doubt (FUD) surrounding the delisting has negatively impacted LUNC prices.
Confirmation from Crypto.com
In response to inquiries, Crypto.com stated that they share such news with their customers via email. If customers receive an email with an anti-phishing code, it indicates that the information in the email is valid. However, no further details were provided regarding which customers would be affected or which jurisdictions would discontinue LUNC trading.
LUNC and LUNA Prices Decline
In addition to the delisting concerns, Terra ecosystem tokens experienced a significant decline in prices due to Terraform Labs’ bankruptcy filing. As a result, both LUNC and LUNA prices have fallen.
Current Prices and Trading Volume
Currently, Terra (LUNA) is trading at $0.61 with a 7% drop in the last 24 hours. The 24-hour high and low for LUNA are $0.613 and $0.666, respectively.
LUNC has experienced an 8% drop in the last 24 hours, currently trading at $0.000102. Over the past week, LUNC has fallen by 16%. The 24-hour high and low for LUNC are $0.000102 and $0.000112, respectively. Additionally, trading volume has increased by 27% in the last 24 hours.
Hot Take: Terra Luna Classic Faces Delisting and Price Decline
The Terra Luna Classic community is facing uncertainty as Crypto.com has confirmed the delisting of LUNC. This news, combined with Terraform Labs’ bankruptcy filing, has resulted in a decline in LUNC and LUNA prices. As investors await further details from Crypto.com, they must decide whether to hold onto their LUNC holdings or sell them in light of these developments.
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