Binance Suspend Terra LUNA Coins!

[sahur2022]

statistics Price Terra LUNA Coins

All-Time High = $119.18   -----   All-Time Low = $0.056025

Bad news that Binance started suspending this coins. as soon as possible for you to withdraw LUNA coins stored on the Binance Exchange!

https://ibb.co/C1BsRKC
https://twitter.com/binance
https://coinmarketcap.com/currencies/terra-luna/
https://www.coingecko.com/en/coins/terra-luna

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[asriloni]

A small correction needs to be made. The ATL for luna was around 2 cents for now. it's not pumped to the 4 cents but yeah this coin has no future. Do kwon is more focusing to help the stable token rather than luna. This may become the end for this coin. The delisting that already announced by binance exchange site was related to the future trade and some adjustment like decreasing the leverage to the maximum 8.
this may be delisted from binance soon but a chance for this coin to recover is almost zero. I hope that major exchange site will be delisting this coin as soonm as possible

[southerngentuk]

Now that watching the play going on in this space puts me in a really difficult mood to say, perhaps the story of Luna in this space will become one of the stains in the history of market development. electronic money market. Perhaps now people will have to really accept losses with losses and be optimistic about future opportunities and be well prepared both intellectually and financially to be ready to have a good faith relationshiphappy, not sad.

[boty]

A small correction needs to be made. The ATL for luna was around 2 cents for now. it's not pumped to the 4 cents but yeah this coin has no future. Do kwon is more focusing to help the stable token rather than luna. This may become the end for this coin. The delisting that already announced by binance exchange site was related to the future trade and some adjustment like decreasing the leverage to the maximum 8.
this may be delisted from binance soon but a chance for this coin to recover is almost zero. I hope that major exchange site will be delisting this coin as soonm as possible

no one will trust this coins anymore since ust not pegged to $1 and luna minted more more to stabilize ust. If i may to said this is be die project now.  No more demand from market with this condition , only sell and sell that happen now.even binance will delist it from future market.

[vv181]

Bad news that Binance started suspending this coins. as soon as possible for you to withdraw LUNA coins stored on the Binance Exchange!

What do you mean by suspending exactly? The withdrawal process already being suspended a few days ago, there is no way you can withdraw LUNA and UST right now on Binance. The only brand news announcement they make is to delist LUNA margin trade.

You can refer to: Binance Margin to Delist LUNA on Cross Margin and Isolated Margin and Withdrawals on Terra (LUNA) Network Temporarily Suspended.

[aioc]

I've checked their telegram group and there are a lot of discussions some still positive some giving up others still thinking to hold in the hope of resurgence, so many people lose their life savings it wipes their fortune overnight it's a discussion between temporary and permanent the next 48 hours is crucial right now the foundation is looking to save Luna so we'll see the market evaluation in the next few days.

[Fesatmas]

Now that watching the play going on in this space puts me in a really difficult mood to say, perhaps the story of Luna in this space will become one of the stains in the history of market development. electronic money market. Perhaps now people will have to really accept losses with losses and be optimistic about future opportunities and be well prepared both intellectually and financially to be ready to have a good faith relationshiphappy, not sad.

I don't think about the current conditions at all, especially what happened to Luna today. Prices fell in a short time, to be honest this may be a very difficult experience to forget, And true to what you say maybe this incident will be a black stain in the world of cryptocurrency. In Luna's current situation hope would probably be meaningless.

[Saisher]

statistics Price Terra LUNA Coins

All-Time High = $119.18   -----   All-Time Low = $0.056025

Bad news that Binance started suspending this coins. as soon as possible for you to withdraw LUNA coins stored on the Binance Exchange!

https://ibb.co/C1BsRKC
https://twitter.com/binance
https://coinmarketcap.com/currencies/terra-luna/
https://www.coingecko.com/en/coins/terra-luna

Well know in the next 48 hours if other exchanges will follow it is now 30 sats on Hotbit its very tempting to buy some as the team just announced that they are cooking something or creating a plan and will announce later, everybody is now watching Luna
and hoping for a positive announcement if there is, the biggest question is are the other Stable coins can suffer something like this.

[zasad@]

https://www.coindesk.com/business/2022/05/11/crypto-fund-arca-doubled-down-on-ust-amid-stablecoins-collapse/
Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collaps
“UST will ultimately maintain its peg,” the hedge fund told partners Tuesday in a note obtained by CoinDesk.

osmosis UST Derisking Proposal
https://commonwealth.im/osmosis/discussion/4864-ust-derisking-proposalv

[Metroid]

Cryptomarket is p2p, so as soon the people lose confidence like this then is gameover, buying it now will only make more losses.

[pawanjain]

LUNA is going down. It's at the verge of a collapse and I personally don't think there's any chance for this coin to revive itself.
The reason is because it has fallen from around $100 to an all time low of $0.008 which is more than 99% dump.
That's a point of no return for LUNA and UST. Terra foundation is pretty much collapsed. Game over for LUNA holders.

[Metroid]

LUNA is going down. It's at the verge of a collapse and I personally don't think there's any chance for this coin to revive itself.
The reason is because it has fallen from around $100 to an all time low of $0.008 which is more than 99% dump.
That's a point of no return for LUNA and UST. Terra foundation is pretty much collapsed. Game over for LUNA holders.

Scammers will likely pump it a lot now and then crash it to hehell later.

[zasad@]

https://terrasco.pe/mainnet/luna/supply
This is how a smart contract works. If the price of UST is less than 1 dollar, then UST can be exchanged for LUNA at a favorable rate. Therefore, the LUNA emission is increasing and will continue to grow indefinitely. Imagine the number of LUNA coins when several billion UST more are burned.

[99Percent]

I believe maybe bianance will delist LUNA because there is no hope anymore, many have been victimized by LUNA then maybe we should be more careful in choosing coins for investment

[danherbias07]

Binance reacted that fast. Not common. If you are not profitable for them, they kick you out without any shade of guilt.
From $60 to $50 to $25 to $15 to $0.02. Ouch. My condolences to every investor of this coin if they are still sleeping right now or just didn't care about the market movements because they have faith this won't happen.
The volume is still high that means not many are selling it, I bet they are willing to wait or that's just the option they have.

[Raflesia]

Being trending everywhere about Luna, which dumped 99%, caused investors to be confused by this instant dump, I hope investors are still doing well.

With Binance's policy of suspending Luna, it will certainly be worse, it's like Dev throwing away all of their shitcoins but what happened to Luna is the reality, we witnessed Luna free fall without anyone blocking her.

[zasad@]

https://twitter.com/terra_money/status/1524785058296778752?t=D7TTzMy_8ASEQxd8MUAVIQ&s=19
"The Terra blockchain was officially halted at a block height of 7603700.

https://lcd.terra.dev/blocks/latest

Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack."

[Widdop37]

It shouldn't have been Luna  I am not a investor but I watched this coin grows, beating myself a few times for not investing earlier, Luna making it to top 10 on coinmarketcap is a big achievement on its own, I dont understand why this people decide to ruin it all with UST stable coin.

[kelonmusk]

It's a shame that major exchange Binance has made such a quick decision to remove the LUNA coin from their platform. If in the next few days there is no change in the selling value, of course it could have an impact on other platforms/exchange as well. I don't know what Developer next plan is to tackle this problem. whatever it is, me wish LUNA the best, on the one hand I have also lost money because of this coin 

[Metroid]

Long term luna is dead, short term scammers are profiting by pumping and dumping it, right now they will pump a lot then start the mass dump.