Binance Delists Altcoins ( BOND, DOCK, MDX, POLS )

Binance, one of the world’s largest cryptocurrency exchanges, has announced the delisting of four altcoins. BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastar (POLS) will be removed from the platform on July 22, 2024, at 03:00 UTC. As a result, the market value for these tokens has dropped drastically. Because of this, the market value for these tokens has dropped drastically. As stated by the exchange: “When tokens no longer meet our listing criteria or significant changes occur in the industry environment, we conduct a thorough project review and may delist them.”

Binance conducts an in-depth review of various factors during the process of delisting altcoins. The exchange considers different factors to make this decision:

•The project team’s commitment

•Development activities

•Trading volume

•Liquidity

•Network security

The affected tokens received an important blow after Binance announced them. The biggest collapse was experienced by DOCK, which lost about 30% of its value. MDX got hit by a 23.65% drop. BOND and POLS had losses that went over 17%.Trading pairs involving these tokens will be halted. Specifically, these include BOND/BTC, BOND/USDT, DOCK/BTC, DOCK/USDT, MDX/USDT, and POLS/USDT. All existing trade orders will be automatically removed after the delisting is implemented.

#BinanceDelisting #BTC_Bounce_Back_to_57k #BinanceTurns7 #BinanceTournament #SOFR_Spike