What Happens to Delisted Cryptocurrencies?
Binance recently announced the delisting of certain trading pairs by December 10th. Interestingly, these tokens have shown unexpected price surges in the form of pumps at irregular intervals.
So, what really happens to delisted coins? Here are some common outcomes:
• Shift to Smaller Exchanges:
Delisted tokens often migrate to smaller, less-known platforms. While this keeps them tradable, it usually reduces liquidity and increases price volatility.
• Decline in Market Value:
Being removed from a major exchange can cause a loss of investor confidence, decreasing demand and significantly impacting the coin’s price and market capitalization.
But here’s the big question: Why do we see these sudden pumps? Are they genuine rebounds or strategic moves by whales?