LUNC Community Demands Coinbase Listing
The Terra Classic (LUNC) community has shifted its focus to Coinbase, urging the exchange to list LUNC tokens. Following their recent "#BoycottBinance" campaign against Binance for refusing to implement a 1.2% transaction tax, the community has now launched the "#CoinbaseListLunc" movement.
In less than 24 hours, the hashtag garnered over 140,000 retweets, showcasing the community's collective power. Key influencers like CryptoKing (44K followers) and TravladdCrypto (357K followers) amplified the campaign:
- CryptoKing: "This is the power of the #LUNC community! #CoinbaseListLunc is dominating social media. Will we hit 200K retweets tomorrow?"
- TravladdCrypto: "Supporting #LUNC’s next mission! I’ll airdrop 1,000 LUNC to random retweeters of #CoinbaseListLunc."
Some members are even emailing Coinbase directly, advocating for the token’s relisting and the enforcement of the 1.2% burn mechanism.
LUNC Price Remains Stable Despite Hype
While the campaign gained viral traction, LUNC’s price showed minimal movement:
- Current Price: $0.00028484 (1.9% 24h increase).
- Market Behavior: No significant volatility compared to previous weeks, per CoinGecko data.
Coinbase has yet to respond officially.
FAQ Section
Q1: Why is the LUNC community targeting Coinbase?
A1: After pressuring Binance to adopt fee burns, the community aims to expand LUNC’s accessibility by lobbying major exchanges like Coinbase.
Q2: What’s the purpose of the 1.2% burn mechanism?
A2: It reduces LUNC’s circulating supply theoretically increasing scarcity and long-term value.
Q3: How effective are social media campaigns for crypto listings?
A3: While they raise awareness, exchanges evaluate technical, legal, and market factors before listing decisions.
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