todayonchain.com

5 Altcoins Record Double-Digit Losses After Binance Delisting Call

BeInCrypto
Binance is delisting five altcoins, causing their market values to plummet by double-digit percentages.

Summary

Binance has announced the delisting of Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS), effective May 27, 2026. Following the news, all five tokens experienced significant losses ranging from over 23% to nearly 34%. Binance stated that it regularly reviews assets based on liquidity, development activity, and regulatory compliance, and these specific tokens no longer met the required standards.

(Source:BeInCrypto)