Quote from: TravelMug on Today at 09:31:13 AM

Yeah, and we all know how big Binance is, so it will have a drastic effect on other crypto exchanges and could follow their lead on the suspension of LUNA.

It went to almost 0 and that is the main reason why they halted the trading, otherwise there will be thousands of investors that are going to lose money here because of what happen to LUNA and their stable coins.

The effect of the delisting announcement from the Binance Exchange will have a major impact on Luna coins as binance has abandoned Luna trading due to the massive crash factor in the no-return price. I think Binance was late in announcing the delisting due to high losses from new investors who had bought at prices below $0.01.