Petition to list LUNC on Robinhood launched.
Victims of the Terra ecosystem debacle are not relenting in their quest to revive the project’s collapsed token, Luna Classic (LUNC) and UST Classic (USTC).
Although several cryptocurrency trading platforms have implemented the 1.2% tax burn for all LUNC on-chain transactions, the Terra Classic community still wants to incinerate more tokens to revive the price.
This time, the Terra Classic community is pushing to have LUNC listed on the zero-commission investing platform Robinhood. The community launched an online petition on Change.org to call on Robinhood to list LUNC on the trading platform.
Details of the Petition
Per details on Change.org, the petition was launched by a Terra Classic supporter named QDS Land about a month ago. The petition requires at least 5,000 signatures but has so far accrued 3,725 signatures at press time.
“The people of #LuncCommunity are seeking to list the Terra Luna Classic Coin (LUNC) on the Robinhood platform,” the petition read.
According to QDS Land, the move to have LUNC listed on the trading platform will be beneficial to the LUNC community and Robinhood. QDS Land claimed that there are currently over 1.5 million LUNC holders who complete billions of dollars worth of trading volume daily.
The LUNC supporter also noted that over 300,000 wallets were created four months before the petition was launched on Change.org.
“[As] you can see, with these kinds of numbers, this would also benefit your platform as well, […] With that being said, we would formally like to ask you if you would list us on Robinhood, one of the BEST platforms as well,” QDS Land added.
Robinhood is yet to respond to the petition created by LUNC investors. Although the petition is yet to get the 5,000 signatures, it is unclear whether Robinhood will list LUNC even after the 5,000 signatures are gotten due to Terra’s crisis.
The Adoption of Petition in Crypto Space
Meanwhile, crypto community members are gradually seeing the effect of online petitions on cryptocurrency trading platforms.
The Shiba Inu community used the initiative to force Robinhood to list SHIB on the zero-commission trading platform. The petition, which required a total of 1 million signatures, could attract 559,737 signatures within a short time. The 559,737 signatures were enough to prompt Robinhood to list SHIB, and the Shiba Inu token finally got listed.
The move comes after TheCryptoBasic proposed that the Terra Classic community can launch a Change.org petition to get Robinhood and Coinbase to list LUNC.
Since then, other crypto projects have adopted the approach.