#BSCOnTheRise

Factors influencing Binance's decision to delist or not

As stated in Binance's announcement, the factors that Binance will consider in deciding whether to delist an asset are:

Team's commitment to the project

Level and quality of development activity

Trading volume and liquidity

Stability and security of the network against attacks

Stability of the network/smart contract

Level of community engagement

Ability to respond to Binance's periodic due diligence requests

Evidence of fraudulent/unethical behavior or irresponsibility

Contribution to building a healthy and sustainable Crypto ecosystem

Based on the above criteria, let's see what “red flags” the 4 coins have!

Reasons for Binance to Delist the 4 coins

Checking through the 4 projects, we find that all 4 projects have 3 out of 6 conditions:

Tagged for monitoring (Prerequisite criteria)

Past drama of token manipulation

Low volume in the current market context and the project's stature

Community is not excited about the project (low DAO voting rate, poor media interaction…)

Project has not developed or updated much

Old coins, traded since before 2017 (if not strong enough, they will no longer receive support from investment funds for development)

Waves (WAVES)

Waves is a coin that started trading in mid-2016, developing in the Blockchain sector and had a prominent ecosystem in 2022. The project had a market cap of over 200 million USD before being delisted, but the volume was only around $20M, with some days only...