Terra Classic community demands Coinbase to list the LUNC token
Investors of the project claim that the asset is quickly recovering its position
12.10.2022 - 10:55
385
2 min
0
What’s new? Members of the community of Terra’s original ecosystem, which was renamed to Terra Classic after the hard fork, created a petition urging the US crypto exchange Coinbase to list the project’s native token, Luna Classic (LUNC). As of October 12, the petition on Change.org was signed by 3 300 users. As an argument in favor of placing the asset on the platform, the community cites the thesis that the coin is quickly recovering its position.
Petition of the Terra Classic community
More detail about the situation. The authors of the petition added that “the Terra Classic ecosystem revival is in full flow,” given the reenabling of community control over governance, the implementation of deflationary measures, and blockchain modernization.
Along with the LUNC token, they also called for the listing of the TerraClassicUSD (USTC) asset. After the community approved the proposal to re-peg USTC to the US dollar, the asset rose by 57%.
As of October 12, 10:20 UTC, LUNC is trading at $0,000293, having gained 3,75%per day, according to Binance. The asset has a capitalization of $1,79 billion. USTC is trading at $0,0498664 (-6,95%).
On September 27, LUNC showed a 50% increase. This came after crypto exchange Binance announced the burning of LUNC received as trading fees. On October 3, Binance conducted its first burn of 5,5 billion tokens totaling $1,86 million and burned more than $850 000 worth of coins on October 10. The burning takes place every Monday at 00:00 UTC.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$98 825
BTC
+1.53%
-
Ethereum
$3 394.08
ETH
+8.17%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.39
XRP
+24.72%
-
Dogecoin
$0.397179
DOGE
+2.14%
-
Cardano
$0.892114
ADA
+12.05%
-
Bitcoin Cash
$495.77
BCH
-0.57%
-
Polkadot
$6.23
DOT
+8.76%
-
Stellar XLM
$0.285891
XLM
+18.95%
-
Litecoin
$90.64
LTC
+4.6%