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HomeCrypto NewsMarketRobinhood Looking To List New Crypto, Can Terra Classic (LUNC) Make It?

Robinhood Looking To List New Crypto, Can Terra Classic (LUNC) Make It?

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Robinhood is set to list a new token.

In a tweet on Friday, popular crypto exchange Robinhood disclosed that it is looking to list a new token and has asked crypto Twitter for suggestions.

Naturally, the latest announcement has created a lot of buzz among several crypto communities looking to expose their tokens to new markets and capital. Robinhood has millions of users and is popular because it collects no commission on trading.

It is worth noting that the platform is very strict about the tokens it lists. So far, it offers trading for only 17 out of the thousands of cryptocurrencies.

Can LUNC Make it?

It bears mentioning that the Terra Luna Classic (LUNC) community is among those hoping to get their tokens listed on the platform. The community trying to build from the ashes of the ecosystem collapse in May currently boasts billions of dollars in daily trading volume and an online community presence.

Notably, the community has taken a leaf from the Shiba Inu playbook and has launched a petition to get the attention of Robinhood. It is worth noting that the former got listed after 500,000 persons signed the petition. However, the LUNC community has only managed about 6,900 signatures since the beginning of the month.

A listing by Robinhood would boost new investor confidence and current community burn initiatives to reduce the excess LUNC supply.

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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