Cryptocurrency exchange Binance has announced the delisting of four altcoins - BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS) effective July 22 at 03:00 UTC. This decision led to a significant drop in the market value of these tokens, highlighting the market's sensitivity to exchange actions. Following the announcement, DOCK plummeted by nearly 30%, MDX by 23.65%, and both BOND and POLS experienced losses of over 17%. Binance's periodic review process focuses on factors like project team commitment, trading volume, and network security. Trading pairs involving the delisted tokens will be halted, and users are required to withdraw them by October 22, 2024. Binance is also adjusting various services to phase out these altcoins completely, including Simple Earn and Auto-Invest. It is essential for users to stay informed about such developments in the crypto space to make informed decisions. Read more AI-generated news on: https://app.chaingpt.org/news