These Altcoins Plunge Hard After Binance Says Goodbye: Details

One of the affected coins experienced a price decline of over 20%. The world’s leading cryptocurrency exchange announced it will end all services for two digital assets. The actual delisting is scheduled for October 28, but the news has already negatively affected the involved coins. Additionally, Binance will briefly suspend key operations on the Ethereum (ETH) network to perform wallet maintenance. The Delisting The company said it regularly evaluates each listed cryptocurrency to determine whether it continues to meet rigorous criteria and industry standards. “When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” it explained. Key factors Binance considers include trading volume, adequate liquidity, the team’s commitment to the project, network security against attacks, development activity, and more. Following its latest review, it decided to terminate all services for Epic Chain (EPIC) and QuickSwap (QUICK). The company will delist the assets from its Copy...