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Binance to Delist SHIB, LINK, and MEME Trading Pairs

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Binance to Delist Meme Trading Pairs

YEREVAN (CoinChapter.com) — Binance, a cryptocurrency change, has introduced plans to delist a number of buying and selling pairs, together with Shiba Inu (SHIB), Chainlink (LINK), and Meme Coin (MEME). The adjustments are set to take impact on June 28 at 3:00 a.m. (UTC).

Binance will delist the next buying and selling pairs:

  • BLUR/FDUSD
  • LINK/TUSD
  • MEME/ETH
  • METIS/FDUSD
  • NFP/BNB
  • OSMO/BTC
  • SHIB/TUSD

This resolution comes after a periodic assessment of all listed spot buying and selling pairs, which revealed poor liquidity and low buying and selling quantity for these pairs.

Urgent Binance Delisting Alert
Source: Fiizii
Pressing Binance Delisting Alert. Supply: Fiizii

Trading Continues for Base Belongings

The delisting of those pairs won’t have an effect on the provision of the tokens on Binance Spot. Customers can proceed to commerce the bottom property with different pairs obtainable on the platform. This implies SHIB, LINK, and MEME will nonetheless be tradeable via totally different pairs on Binance.

  • LINK is buying and selling at $14.38, with roughly 2.71% enhance within the final 24 hours.
LINK Price Movement on June 28, 2024
Source: CoinMarketCap
LINK Value Motion on June 28, 2024. Supply: CoinMarketCap

Preliminary Value: Round 8:00 PM on June 27, SHIB was buying and selling at roughly $0.0000174.
Excessive Level: The very best level noticed was round $0.0000176.
Low Level: The bottom level noticed was round $0.0000170.
Present Value: By the tip of the chart interval, SHIB was buying and selling at roughly $0.0000171.

Shiba Inu Price Drop After News
Source: CoinMarketCap
Shiba Inu Value Drop After Information. Supply: CoinMarketCap
  • Meme Coin (MEME) has seen fluctuations all through the day.

Preliminary Value: Round 8:00 PM on June 27, MEME was buying and selling at roughly $0.0196.
Excessive Level: The very best level noticed was round $0.0204.
Low Level: The bottom level noticed was round $0.0196.
Present Value: By the tip of the chart interval, MEME was buying and selling at roughly $0.0198.

Meme Coin Price Fluctuation on June 28, 2024
Source: CoinMarketCap
Meme Coin Value Fluctuation on June 28, 2024. Supply: CoinMarketCap

Binance Removes Low-Liquidity Trading Pairs

Binance frequently evaluations its listed pairs to keep up a high-quality buying and selling atmosphere. This transfer to delist pairs with poor liquidity and buying and selling quantity aligns with its aim of defending customers and guaranteeing market stability.

Just lately, Binance additionally delisted AI crypto spot buying and selling pairs, together with Ocean Protocol (OCEAN) and SingularityNET (AGIX). These actions show Binance’s ongoing efforts to handle its platform successfully.

Customers affected by the delisting can proceed buying and selling the bottom property with different obtainable pairs on Binance.

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