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2024/08/18 06:17

Back in Business? Coinbase Considers Relisting Ter

Coinbase might relist Terra Luna Classic (LUNC), causing a price increase and optimism in the LUNC community.
LUNC is a result of the 2022 Terra Luna (LUNA) collapse.
The price has already increased slightly, and other positive developments are happening within the LUNC ecosystem.
Here’s a new super exciting update from the crypto community!
Coinbase, a major exchange platform, is reportedly thinking about relisting Terra Luna Classic (LUNC), as per recent rumblings on Crypto X. This news has sparked a surge of hope and excitement within the LUNC community, as members eagerly anticipate a potential rise in LUNC’s value.
You can’t afford to miss these details.
Community On Fire!
The word about Coinbase’s contemplation came from notable community members like @MrDiamondhandz1. They pointed out that LUNC is available for trading on Coinbase Wallet, hinting at the possibility of a relisting on the exchange soon.
A Story of Resilience
The backstory dates back to 2022 when Terra Luna (LUNA) faced a significant downturn alongside its stablecoin, TerraUSD. This led to LUNA being delisted from several exchanges, causing investors to lose over $60 billion. In response, Terraform Labs, led by Do Kwon, forked the original chain, keeping the Terra (LUNA) name and renaming the original chain Terra Luna Classic (LUNC).
Despite the challenges, the LUNC community has remained confident in the project. The potential relisting on Coinbase signifies more than just a return to the spotlight; it’s a sign of hope for the project’s future.
Sentiments are High!
The news of Coinbase’s potential relisting has injected optimism into the community. LUNC’s price has risen by 1.10% in the past 24 hours, reaching $0.0001054. This coincides with other positive developments, like proposals to involve Allnodes in managing the endpoint for circulating supply.
Meanwhile, in TerraUSD Territory…
While LUNC enthusiasts rejoice, TerraUSD (USTC) has faced a setback, with its price dropping by 2% in the past 24 hours to $0.0227. USTC has fluctuated between $0.02233 and $0.02389 in the last day.
Coinbase’s potential relisting of Terra Luna Classic could mark a significant moment for the project, renewing hope among its dedicated supporters.

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