Delisting of Binance intensifies pressure on $GFT and $REN
During this period of price stagnation, Binance announced its decision to delist GFT from its platform. GFT joined other tokens, including IRIS, KEY, $OAX and REN, as part of Binance's periodic evaluation of its listing assets.
In a blog post, Binance stated that these delistings align with its goal of maintaining a high standard for its offerings. This announcement fueled speculation about potential sell-offs of the affected cryptocurrencies, including GFT, which intensified bearish sentiment.