Binance, the world's largest cryptocurrency exchange by trading volume, has announced the delisting of Bluzelle $BLZ
and WazirX $WRX
from its platform, in line with its routine process of removing tokens that no longer meet its standards. The delisting will take effect on December 25, 2024, with the BLZ/BTC, BLZ/USDT, and WRX/USDT trading pairs being removed. Following this announcement, both BLZ and WRX have experienced significant declines in value. BLZ, which had surged 140% in November during a market rally, saw a sharp 38% drop on December 9 and has lost around 45% of its value in the past week, with further declines expected. WRX, the utility token of the WazirX exchange, has similarly been impacted by the news.