Coinbase Considers Relisting Terra Luna Classic (LUNC)

Last updated: May 14, 2024 11:13 AM

Published May 14, 2024 5:11 AM

Last updated: May 14, 2024 11:13 AM

Published May 14, 2024 5:11 AM

The cryptocurrency exchange Coinbase is thinking of re-listing the Terra Luna Classic (LUNC), as reported in the x post shared yesterday. This news has caused a positive approach to the LUNC community, with some thinking that it could push the price of LUNC to new highs.

JUST IN: $LUNA is showing as a asset not supported by #Coinbase, and $LUNC is showing available to trade on Coinbase wallet. Bullish! Time to send #LunaClassic to the moon! 🚀🌕💎🤲🏻 #Crypto #LUNCcommunity pic.twitter.com/FklO8BQ41o
— Mr. Diamondhandz1💎 (@MrDiamondhandz1) May 13, 2024

LUNA collapsed in 2022 along with its algorithmic stablecoin TerraUSD. The crash led to many exchanges delisting LUNA and over $60 billion was lost from the collapse.

The news of a potential Coinbase relisting emerged after LUNC was identified as an “asset not supported” on the main Coinbase platform, but it was still available for trading on Coinbase Wallet. This inconsistency has caused some to think that a relisting on the main platform could be soon.

One prominent community member, MrDiamondhandz1, mentioned that the Coinbase Wallet says LUNC is “coming soon” but it doesn’t mention anything about LUNA.

Also Read: Falcon Labs Settle with CFTC for Unregistered Crypto Trading

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