Happycoin.club - Cryptocurrency exchange Binance may soon delist five little-known cryptocurrencies whose rates are characterized by high volatility.
The exchange will monitor the following coins:
Bluzelle (BLZ);
CLV (CLV);
SelfKey (KEY);
Prosper (PROS);
QUICKLY (QUICKLY).
After the announcement of a possible removal from the trading platform, the value of the coins fell sharply. The VITE token suffered the most, its price fell by almost 25%. The rates of PROS and CLV decreased by 15.74% and 15.22%, respectively.
KEY and BLZ demonstrated relative stability. The KEY price initially fell by 9%, but soon corrected slightly, and the daily drop was only 7.3%. The BLZ coin also showed a significant price drop of 12%. But then the token rate recovered slightly and decreased by 4.5% over the past 24 hours.
Binance staff will monitor these digital assets because their price shows extremely high volatility compared to other virtual currencies. If the staff decides that trading the coins is too risky, they will disappear from Binance.
However, in the past, the exchange began monitoring the situation in the Pendle (PENDLE) and Sei (SEI) token markets in the same way. But they were not delisted, as the amplitude of their value fluctuations decreased.
