#DelistingNotice of $REN and $KEY 🦧

🚨 I guess some investors are upset.

My empathy to all investors and hodlers who have these losses now!

Basically it's a good thing that binance delists tokens where the underlying project looks lazy or doesn't match binance's quality requirements anymore. But what happened today is certainly a bit different to former delistings. REN had a really healthy looking price development, where it doubled from its Nov 4 low. Despite that showing increasing investor interest and confidence, it will be delisted from the exchange in a couple of days.

The notice had a devastating effect on the price and all the gains since Trump's election win are practically gone. I assume many investors of the last 3 weeks are kinda upset, and I think they are right to be so.

Additionally KEY is also among the tokens that will be delisted. Surprisingly for me. Because if I recall correctly the project was on Binance since 2017 and there were no signs that this longlasting partnership would come to an end in late 2024.