Popular cryptocurrency exchange Robinhood revealed in a tweet on Friday that it is looking to list a new token and has requested recommendations from the crypto Twitter community. Can Terra Classic (LUNC) Succeed, though?
It goes without saying that the most recent news has generated a lot of interest among numerous crypto communities wanting to expose their currencies to new markets and funding.
Since it does not charge a trading commission, Robinhood has millions of users and is widely used.
However, It’s important to note that the site has tight requirements for the tokens it lists. Only 17 out of the hundreds of cryptocurrencies are now traded there.
Why LUNC Needs Robinhood Listing
Among those wishing to get their tokens listed on the platform is the Terra Luna Classic (LUNC) community.
Currently, the community seeking to rise from the ashes of the ecosystem collapse in May has a daily trading volume in the billions of dollars and an active online community.
Therefore, the neighbourhood has established a petition to contact Robinhood, taking a page from the Shiba Inu playbook. It’s important to remember that the former was added to the list after 500,000 people signed the petition.
However, since the beginning of the month, the LUNC community has only been able to collect roughly 6,900 signatures.
A Robinhood listing would increase prospective investors’ confidence, and present neighbourhood burn attempts to cut down on the excessive LUNC supply.