BREAKING #LUNC NEWS!!! Crypto.com DELISTING Terra Luna Classic on February 15th

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What’s up you guys it’s Matt here so it is early in the morning right now it’s about 8:35 a.m. and I’m probably going to post this video somewhere around 9:00 the reason I’m going to post it early is because of what’s happening with terol Luna classic there’s a lot of um fud

Fear uncertainty and doubt that’s going into uh teruna classic right now and it’s not something that’s fake a lot of people like to associate fud with something that’s fake to create uh negativity within a position but but if something actually creates fud or fear uncertainty and doubt with true

Statements with True News that’s something that can hurt a position hurt investors and um I think this is kind of something that people don’t want to see anytime you see any type of delisting um within a popular position it can create a lot of negativity within a position

Now we’re not actually seeing a crazy amount of negativity compared to the rest of the market Market which is honestly eye openening it means that maybe CDC doesn’t really have any type of pool or maybe it didn’t get out to the massage yet because it only goes out

To a select group of people that hold teruna Classic on the platform I don’t hold teruna Classic on crypto.com so I didn’t get this email but people are getting this email that are holding teruna Classic on that platform now this does uh get in the way of a lot of

Things and we’ll talk about that during the video but I want to go through the message with you guys because someone did send me it over on Twitter and uh we’ll also go through what taluna classic is doing right now so guys hit the like button hit that subscribe

Button hit the notification Bell for more of these videos also if you guys want to check out any of the links for patreon for Twitter down below feel free to check out those links down there also if you guys want to uh check out my um

You know check out patreon I can show you a little bit of a glimpse of it feel free to check out that link again down below and don’t forget to check out uh Marx if you guys are interested in trading on Leverage with up to 100x leverage on things like BTC B&B ethereum

You can even trade Shinu and pepe and all these other ones that you have there so feel free to check out Marx if you guys are interested in an amazing trading platform but again um this came up this news came up because I didn’t get an email but others were informing

Me and it’s great to be able to have this platform that people inform me about what is going on so thank you everybody that has in informed me about this and also thank you to the people that have sent me this as well multiple people have sent it to me so it’s not

One Singular person but I do appreciate the entire Community for doing so um but a delisting from crypto.com that’s really what the breaking news is and what is creating a lot of this uncertainty and people are saying that they’re selling teruna classic for something else um and that they’re just

Getting out of the position because they feel as though it’s going to be like a a a trickle down effect of a bunch of delistings um which honestly I I don’t know I would say no but um you never really know what could happen and what exchanges are thinking about doing here

It’s surprising to see crypto.com do it because crypto.com you know usually has a lot of stuff going on and maybe the reason why we’re seeing uh or sorry they don’t really have as much volume there but they do have a lot of projects that are out there and they’re usually spread

So um we’re seeing a lot more volume in the last day than we’ve seen in crypto.com in a while there’s a lot of times where crypto.com is all the way at the bottom of the list with like zero doar worth of volume and that may be the reason why people aren’t really moving

Terol Luna Classic on that platform they’re just or trading for it they’re just holding it on there so it’s a a different story right so I’ll go through uh what the the news break actually was and uh again somebody sent me that over on Twitter so dear valued customer uh

Please be informed Tera classic lunic will be uh Dlisted from the crypto.com app on February 15 2024 in your uh jurisdiction um which is the us as um as a u result trading and uh deposits for lunic will be suspended on February uh 15 2024 kindly take them uh the

Necessary steps to sell or withdraw your lunic uh by this date uh you will you will still be able to withdraw lunic after Trading and deposit suspension so this is big right this is huge news to see that um you know come in and

Honestly like I I look at and I go okay well uh what does this mean for teruna classic and honestly I don’t think it means much the reason why crypto.com is delisting it is because of the lack of volume that happens on their platform and typically the lack of volume happens

Because people see the discrepancy between the prices and I’m not saying that crypto.com is horrible they’re not I’m not saying that they’re just creating a fud campaign or anything like that no they’re doing what’s necessary for their exchange they every exchange does it if you don’t really see the

Volume that you expected to see um but if we go over to teral Luna classic and we go over to what’s happening currently it’s down 1.5% just to see any type of reaction and you’re probably like that’s a it’s down right it’s it’s it’s decreasing and it’s because of this no

Um the overall Market is down by 1.15% to see teruna classic in line at about 2% um that’s kind of like in line like it’s not going to it’s not because of anything extra and you’re seeing a lot of other things that are down 5% or 6%

And uh terol classic is only down by 1.7% meaning that you don’t typically see a Major Impact within uh crypto.com and you could see that here so if we go over to markets typically um you know crypto.com hovers around here but it has seen a decent amount of volume in the

Last 24 hours um because it’s seeing $1.8 million in volume and the reason why it’s seeing $1.8 million in volume right now is because of the D listing and people are moving it from crypto.com to another platform that’s the only reason why you’re seeing this it was

Just recently at 900,000 and now it’s at 1.8 million and again it’s not people that are just selling it it’s people that are moving it and some people are selling it for a different position um so again it’s creating fear but crypto.com did not have a lot of volume

That was happening if you look at the millions upon millions of dollars that were happening on the platform you probably saw a couple thousands of dollars that were going through crypto.com honestly and it’s a platform that is a top tier platform um and the only reason people aren’t making that move is because

Of um their their overall like you know rates that they have so not the fees but the spreads that they have people aren’t moving things they’re just holding it there and want to have the ability to easily sell it once it hits a certain price so it is breaking news this is

Honestly huge to be able to see one exchanges that’s doing it and I’ll tell you what I’m doing right I’m not not going to suggest what you should do but I’m going to tell you what I’m doing you can see like the green through my shirt

Um but I’m going to tell you what I’m doing I have um 53 53 million uh teruna classic I’m not doing anything with my 53 million teruna classic right now I still have the abil ility to sell on Kraken if I wanted to so if I wanted to

Move it over there if we see Kraken that Dlisted which Kraken does have a decent amount of volume so it shouldn’t it’s typically on the first or second page I guess uh yeah so we’re seeing actually a low amount of volume right now it’s about $186,000 worth of volume uh majority I

Guess of that volume is happening on bance or k coin um or okx um but when we see more and more volume we see crack that starts to pick up in that amount of volume so if we see Kraken that starts to that ends up delisting then I have the inability to

Sell at all and I would be taking on a lot of that risk by holding all of it however um right now it’s it’s all about CDC since CDC is delisting it um I’m not super concerned but if I see that uh you know um what is that platform Kraken if

Kraken comes out and says hey you know we’re going to uh delist teruna classic then I start to be a little bit more concerned with what I do hold but I’m less concerned because I’ve already uh captured my initial investment plus a lot of profit I know for some people

It’s hard to you know because you invested at some of these levels that we’re at now or you invested a little bit higher and you’re waiting for it to return and I believe it will it’s just it I hope that we don’t see this kind of flurry of delistings and I don’t think

That will be the case I just just think it was because of the lack of volume that we saw in crypto.com rather than the um the inability to um you know innovate and create a path forward which I still think is a problem for the taluna class Community but it is

Breaking news that they are looking to uh delist this on February 15 so if you have your money in crypto.com Make sure you make the moves necessary if you want to move it over to Kraken feel free to do so if you want to move it over to

Terra station feel free to do so um but yeah that’s the news today guys hit that like button hit that subscribe button hit that notification Bell for more of these videos uh also again make sure you check out my patreon as well as Mar Jack Link down below but uh I’ll catch you

Guys in the next one see you