Binance Delisting Wipeout: 6 Altcoins Crash After Exchange Pulls the Plug
BeInCrypto
Binance is delisting six altcoins on April 23, causing immediate and significant price drops for all affected assets.Summary
Binance has announced the removal of six tokens—Beefy.Finance (BIFI), FIO Protocol (FIO), FunToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN)—from its spot trading platform effective April 23. The exchange cites a periodic review process focused on development activity, trading volume, and security standards as the reason for the decision. Following the announcement, the affected tokens experienced rapid price declines, with FunToken (FUN) suffering the most significant impact, dropping nearly 28%. Many of these assets had previously been placed under Binance's "Monitoring Tag" due to concerns regarding volatility and risk.
(Source：BeInCrypto)