Binance Delisting Vote Targets FTT, ZEC, and JASMY—Are These Tokens in Trouble?
- FTT tops Binance’s delist vote, reflecting market concerns after the FTX collapse.
- ZEC and JASMY face community backlash, with both tokens experiencing price declines.
- Binance considers votes, but final delisting decisions rely on internal reviews.
Cryptocurrency exchange Binance has completed the second round of its ‘Vote to Delist’ campaign, a community-driven initiative to determine the status of tokens listed on the platform. This initiative allows users to choose tokens that are not beneficial to the exchange and remove them from the exchange. After multiple rounds, tokens like FTX Token (FTT), Zcash (ZEC), and JasmyCoin (JASMY) have come under scrutiny, indicating that changes could be made to Binance’s listing policies.
FTT Leads the Vote for Delisting
FTX token (FTT) emerged as the leading candidate for delisting, securing 11.1% of the total votes. The FTT token has faced severe market scrutiny after the collapse of FTX in late 2022. The FTT price showed a consistent decline of 4.1% on the last day. At the time of voting, FTT had a trading price of $0.81, reflecting market-wide concerns regarding its delisting.
On the other hand, Zcash (Z…
The post Binance Delisting Vote Targets FTT, ZEC, and JASMY—Are These Tokens in Trouble? appeared first on Coin Edition.
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Binance Delisting Vote Targets FTT, ZEC, and JASMY—Are These Tokens in Trouble?
- FTT tops Binance’s delist vote, reflecting market concerns after the FTX collapse.
- ZEC and JASMY face community backlash, with both tokens experiencing price declines.
- Binance considers votes, but final delisting decisions rely on internal reviews.
Cryptocurrency exchange Binance has completed the second round of its ‘Vote to Delist’ campaign, a community-driven initiative to determine the status of tokens listed on the platform. This initiative allows users to choose tokens that are not beneficial to the exchange and remove them from the exchange. After multiple rounds, tokens like FTX Token (FTT), Zcash (ZEC), and JasmyCoin (JASMY) have come under scrutiny, indicating that changes could be made to Binance’s listing policies.
FTT Leads the Vote for Delisting
FTX token (FTT) emerged as the leading candidate for delisting, securing 11.1% of the total votes. The FTT token has faced severe market scrutiny after the collapse of FTX in late 2022. The FTT price showed a consistent decline of 4.1% on the last day. At the time of voting, FTT had a trading price of $0.81, reflecting market-wide concerns regarding its delisting.
On the other hand, Zcash (Z…
The post Binance Delisting Vote Targets FTT, ZEC, and JASMY—Are These Tokens in Trouble? appeared first on Coin Edition.
Read More
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