These Altcoins Crash by Double Digits Following Delisting From Binance: Details

The world’s biggest cryptocurrency exchange periodically reviews each digital asset listed on its platform to ensure it maintains a high level of standards and industry ￰0￱ today (October 29), it announced it will terminate all trading services for three altcoins that no longer meet the ￰1￱ expected, the announcement triggered massive volatility in the affected ￰2￱ Binance Effect Based on its most recent reviews, the company decided to delist Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP). Operations involving these coins will no longer be available from November 12. “The token’s valuation will no longer be displayed in users’ accounts after ￰3￱ view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their ￰4￱ of these token(s) will not be credited to users’ accounts after 2025-11-13 03:00 (UTC) .

Withdrawals of these token(s) from Binance will not be supported after 2026-01-12 03:00 (UTC),” the company ￰5￱ efforts usually have a negative effect on the prices of the involved cryptocurrencies, as they decrease liquidity, reduce visibility, and cause reputational ￰6￱ took the biggest blow, with its valuation collapsing by nearly 30% on a daily scale to an all-time low of $0.04 (per CoinGecko’s data). PERP nosedived, too, posting a 15% ￰7￱ Price,