While many coins are yearning and anticipating for listing on the San Francisco-based giant exchange, Coinbase, the founder of Litecoin, Charlie Lee in a tweet today downplayed the listing of the altcoin’s token, LTC on Coinbase, claiming that it is not a favour to Litecoin.
A few hours later, Charlie Lee deleted the post from his timeline on Twitter, showing that he has retracted his statement.
Following the withdrawal of his tweet, many have claimed that the crypto guru, must have taken the action due to the response he got from people who commented on the tweet. Others claimed that the founder, who rescinded his statement may have gotten a sanction gesture from Coinbase.
Charlie Withdraws Statement.
Appraising the total amount of transactions done on an exchange, Charlie Lee, stated that if Coinbase had been of much benefit for Litecoin, the transaction on the San Fransisco based exchange should have tripled that of GDAX. For reference purpose, he padded a link to the tweet, which contains his personally researched Litecoin transaction on GDAX.
Contrary to the claim, users of cryptocurrency alleged that coupled with the recent fall Litecoin is experiencing in the market in recent time, the altcoin would have been a forgotten coin if not for its listing on Coinbase.
The disproval of Charlie Lee’s tweet went further to averring that Litecoin is only enjoying the large crowd which the exchange has, and that is what keeps it alive, and nobody would have thought of buying Litecoin if it was not listed on Coinbase.
Others opined that Litecoin does not deserve a listing on Coinbase, adding that the addition of LTC to Coinbase was pushed by the founder because he once worked at the company.
However, it has been viewed by observers on several occasions that the addition of a coin to Coinbase surely results into value boost for the coin. Others even went further to proclaim that rumour that a coin may be listed on Coinbase do proliferate the value of that digi-coin, why then will Charlie lee aver that Coinbase listing did not favour Litecoin.
Charlie Lee Showing Great Love For GDAX
Recently, there were rousing claims in the crypto space that Coinbase is about to add some five coins (Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), 0x (ZRX)) to its platform for trading, with great optimism, if they are added, the sky is the limit for them.
Can Charlie Lee Help TokenPay, Verge Seal A Listing On Coinbase?
Since Verge and TokenPay became allies to Litecoin, VergeFam and TokenPay community are hoping Charlie Lee could help them seal listings on the exchange. However, there has been no reply from Charlie regarding this.