Two digital assets, Monero’s XMR, and Multichain’s MULTI, saw a steep drop in value after Binance, the largest crypto exchange by trading volume, revealed that they would be delisted by Feb. 20.
Earlier today, Feb. 6, Binance said XMR and MULTI, alongside other digital assets like Aragon (ANT) and Vai (VAI), would be delisted and removed from several products on its platform because they no longer meet its listing criteria.
“[The] delisted tokens may be converted into stablecoins on behalf of users after 2024-05-21 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable,” Binance added.
Following the news, XMR and MULTI’s values plunged by around 20% to as low as $136 and $1.55, respectively, according to CryptoSlate’s data. On the other hand, ANT and VAI reacted mildly to the crypto exchange’s decision as their price fell by under 1%, respectively.
Wh
We współpracy z: https://cryptoslate.com/binances-delisting-move-sends-monero-and-multichain-values-tumbling-20/
