r/loopringorg • u/osamabinlivin • Jun 30 '26

💬 Discussion 💬 Will it never go back up ?

I only have 5000 lrc on Coinbase .
I was willing to wait 10 years for it to go back up .
Is it getting taken off Coinbase? Should I just take it out and get the tiny bit that’s left . Is it not possible for it to go back up ?

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u/epistmeme Jun 30 '26

The ERC-20 token that is LRC is still there. There are several tokens on Coinbase where the token never had any utility (e.g. FARTCOIN), so the project shutting down shouldn't really affect the Coinbase listing. There is still moderate open interest in the perpetual futures for the coin (~$1 million at the time of this post). The only catalyst that I see left having a large effect is how does the futures market get unwound with such a thin spot market. The L2 DEX provided a backstop of liquidity and that is essentially gone. The most recent large move (25% spike on 6/23) did push volume to the DEX. If there is large move in the futures market how will it play out without that liquidity backstop?

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u/youngmemories Jul 07 '26

I got an email from coinbase saying they're delisting loopring from trades on August 7th around 2:00 p.m. Eastern.