Important Binance Announcement Concerning These 6 Altcoins
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 12 2024Binance Delisting Announcement: Binance will delist six altcoins, including PowerPool and Ellipsis, effective August 26, leading to significant price drops for these assets due to reduced liquidity and market panic.
Historical Impact of Delistings: Previous delistings on Binance have resulted in substantial price crashes for affected cryptocurrencies, with notable declines observed after the removal of other coins earlier this year.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
