In the current downtrend, the market has been fearful, and with rumors of new policies lagging behind, adjusting portfolios is quite a daunting task. Bitcoin has dropped from the $100,000 mark, creating doubt in investors' minds.

In such a scenario, Binance, the world's leading cryptocurrency exchange, has announced that they will delist several well-known cryptocurrencies from their platform. This move includes removing trading pairs related to ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, TUSD/TRY on December 27. However, this does not mean that the cryptocurrencies are completely removed; the delisted pairs may still be traded with other trading pairs on the platform.

Binance's decision is part of the company's planned review process aimed at improving trading quality on its platform. The delisting process occurs when assets do not generate enough liquidity and consistently have low trading volumes.

Market response in a downtrend

This news has caused notable reactions in the cryptocurrency community and the financial market. The affected cryptocurrencies underwent price volatility as traders quickly adjusted their positions following Binance's announcement. However, historically, such announcements create panic in the market with fears of a liquidity increase.

In response to the delisting, Binance has stated that they may take additional measures to manage risk if market conditions worsen, including adjusting leverage, position size, and funding rates.

At this time, investors are uncertain how this will affect the market in the long term and are adjusting their strategies.

Snapshot of the current price

Fusionist ACE: The current price of Fusionist is $2.15, with a 24-hour trading volume of $10.88 million. It has increased by 2.97% in the past 24 hours and is ranked 490 with a market capitalization of $90.86 million.

AC Milan Fan Token (ACM): Trading at $1.63, showing a significant increase of 3.1% day-on-day and week-on-week.

BOOK OF MEME (BOME): Priced at $0.006528, potentially decreasing by -18.10% over both the short-term and weekly time frames.

Dymension (DYM): Priced at $1.50, showing a slight daily increase of 5.5%.

While delisting often causes market disruptions here, many coins have increased after being delisted from Binance, while some coins have decreased slightly. This indicates that the market hopes for their potential and may soon gain momentum.

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