Binance's announcement about the delisting of $FET , #OCEAN and $AGIX caused panic among investors, who began selling, throwing everyone into chaos. Many misunderstood the projects, which led to misinterpretation of the news and a massive sell-off.
This caused the price of FET to drop significantly, causing huge losses to investors. The situation was aggravated when Binance reported that it would review its decision and re-list these projects, causing its prices to recover considerably.
This fact baffled many investors, raising questions about whether it was price manipulation or an opportunity. Some believe it is a manipulation tactic where large sales create panic and then repurchase at low prices and make a profit.
However, long-term investors could benefit, as delisting and subsequent reinstatement could eliminate less committed investors, thus strengthening the foundation of the project. The main takeaway is to be cautious in the world of cryptocurrencies, not to react impulsively to the news and focus on long-term plans.
