{"id":145035,"date":"2024-12-18T17:00:40","date_gmt":"2024-12-18T15:00:40","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145035"},"modified":"2024-12-18T13:48:26","modified_gmt":"2024-12-18T11:48:26","slug":"binances-delisting-announcement-sparks-sharp-declines-in-token-prices","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binances-delisting-announcement-sparks-sharp-declines-in-token-prices\/","title":{"rendered":"Binance’s Delisting Announcement Sparks Sharp Declines in Token Prices"},"content":{"rendered":"
Tokens such as SUI, HMSTR, BNT, CYBER, and AEUR have seen significant price drops, with some falling by nearly 10% since the news broke.<\/p>\n
The exchange routinely evaluates the performance of listed tokens, focusing on factors like liquidity and trading activity. If certain assets fail to meet these benchmarks, they may be removed to maintain the platform\u2019s quality. This time, Binance has targeted<\/a> <\/strong>specific trading pairs for delisting, including those tied to TUSD, ETH<\/a><\/strong>, and BNB<\/a><\/strong>. Despite these removals, the tokens will still be available for trading in other pair combinations.<\/p>\n Market reaction to the announcement has been swift and severe. Hamster Kombat (HMSTR) recorded a sharp 9% decline in value within a single day, while Sui (SUI<\/a><\/strong>) dropped 6%. Bancor (BNT) and Cyber (CYBER) weren\u2019t far behind, with losses of 6% and 7%, respectively. Anchored Coins (AEUR) also suffered an 8% decrease, underscoring the influence Binance wields over token performance.<\/p>\n