🚨🚨🚨Binance delists 3 altcoins: The decline of delisted projects exceeded 50 percent
#Binance has announced that it will remove the three cryptocurrencies #DREP , MOB and #pnt that it previously placed on the Watch List from the list. These assets will not be able to be traded starting from April 3, 2024.
Binance, the world's largest cryptocurrency exchange, has announced that it will remove three cryptocurrencies from its platform. According to the statement, these cryptocurrencies will be DREP (DREP), Mobilecoin (MOB) and pNetwork (PNT). The removal from the list will be carried out on April 3, 2024.
April July3, 2024, deposits for these assets, withdrawals will not be made from 4 April 2024, 3 July 2024.
After the decision to remove it from the platform, all three cryptocurrencies saw sharp declines. In the first minutes, DREP and MOB lost value by more than 50 percent, and PNT by 45 percent.
Binance stated that it regularly reviews each listed digital asset to ensure that it continues to meet high standards and industry requirements. The exchange said, "When a coin or token no longer meets these standards or the situation in the industry changes, we conduct a more in-depth review and potentially go down the path of delisting. Our priority is to provide the best service and protective measures for our users while continuing to adapt to the developing market dynamics.” he used his expressions.