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KuCoin Luna Price Analysis

KuCoin ceased to issue wLuna to users in May of 2022. Its Terra-based exchange ceased to support the LUNA cryptocurrency in January and suspended its exchange for wLuna in May. Until that point, KuCoin supported the LUNA in two key chains: the ERC-twenty blockchain and the Terra blockchain. Until this time, KuCoin still supported wLuna, but it did not issue deposits or withdrawals in that cryptocurrency ebooksweb.

Despite the fact that wLUNA is not accepted as a deposit at the KuCoin exchange, it is still the preferred cryptocurrency exchange by most traders. However, it has faced a number of controversies, most notably in regard to liquidity and opacity. In addition, the company has been accused of using consumer deposits to fuel its operations and has weighed a heavy reduction following the collapse of LUNA / UST kr481.

While the current version of KuCoin does not support LUNA, it will be available in the future. Terra’s protocol aims to create protocol tokens and stablecoins. While this version of KuCoin is not widely supported yet, the LUNA airdrop is expected to be fully functional in December 2022 wapwonlive.

Despite the recent price drop, there are still many bullish sentiments regarding the LUNA price, and we think that it still has a future in the cryptocurrency space. In fact, the 10X Bullrun thesis was published last week. The LUNA price is still at risk, but it has a long-term potential, especially considering the recent LUNA 2.0 upgrade realestateglobe.

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