The cryptocurrency market is consolidating after the recent rally. The leading crypto Bitcoin fell to $65,000 after exceeding $66,000. Negative news during this period can lead to sharp declines in altcoin prices. Leading exchange KuCoin announced that it has removed 27 altcoins from its platform; this development caused significant declines in some tokens.

KuCoin removed 27 altcoins from the list!

According to the information we received from Kriptokoin.com, KuCoin decided to remove 27 altcoins from the list during a period when the market consolidated over the weekend. The exchange announced that it made this decision within the framework of the "KuCoin Special Treatment Rules". The removed altcoins include SatoshiVM (SAVM), Rare Ball Portion (RBP), RefundCoin (RFD), DSLA Protocol (DSLA) and BOLT Token (BOLT). Projects such as Hourglass Protocol (HGP), hiBEANZ (HIBEANZ) and Polylastic (POLX) are also among those removed from the list.

This situation caused sharp declines in the prices of some tokens. Polylastic (POLX), in particular, lost almost half of its value, falling by over 48% on a daily basis. Another token that fell was BOLT Token (BOLT), which fell from $0.0025 to $0.00166, losing over 25%. DSLA Protocol (DSLA) also fell from $0.000306 to $0.000264.

List of tokens delisted by the exchange

KuCoin’s move demonstrates the influence of reputable exchanges on the altcoin market and their determination to maintain the quality of listed projects. Investors are following the delisting news closely. The full list of altcoins that KuCoin has delisted is as follows:

  • SatoshiVM (SAVM)

  • Rare Ball Portion (RBP)

  • RefundCoin (RFD)

  • Super Rare Ball Portion (SRBP)

  • DSLA Protocol (DSLA)

  • WinGoal (MLS)

  • UTXO (UTXO)

  • TribeOne (HAKA)

  • BOLT Token (BOLT)

  • Hourglass Protocol (HGP)

  • hiBEANZ (HIBEANZ)

  • hiMOONBIRDS (HIBIRDS)

  • hiENS3 (HIENS3)

  • hiENS4 (HIENS4)

  • hiFRIENDS (HIFRIENDS)

  • hiPENGUINS (HIPENGUINS)

  • hiSEALS (HISEALS)

  • OOFP (OOFP)

  • Polylastic (POLX)

  • ZOO

  • Calamari (KMA)

  • ETGM (ETGM)

  • AptosLaunchToken (ALT)

  • Vega Protocol (VEGA)

  • Mechaverse (MC)

  • Metaverse.Network & Bit.Country (NEER)

  • Pastel (PSL)