{"id":21140,"date":"2025-04-08T15:16:57","date_gmt":"2025-04-08T15:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21140"},"modified":"2025-04-08T15:16:57","modified_gmt":"2025-04-08T15:16:57","slug":"binance-delists-these-altcoins-triggering-a-price-meltdown-details-here","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21140","title":{"rendered":"Binance Delists These Altcoins, Triggering a Price Meltdown: Details Here"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li class=\"\" data-start=\"58\" data-end=\"170\">\n<p class=\"\" data-start=\"60\" data-end=\"170\">Binance\u2019s removal of 14 altcoins sent prices crashing, with CREAM and BETA sinking nearly 60% on the news.<\/p>\n<\/li>\n<li class=\"\" data-start=\"58\" data-end=\"170\">\n<p class=\"\" data-start=\"60\" data-end=\"170\">In contrast, the company\u2019s support can lift prices, as seen when meme coin MEW jumped 15% after being added to Binance Alpha last week.<\/p>\n<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-391412\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/Binance_CB-2-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>The Binance Effect<\/h2>\n<p><span data-preserver-spaces=\"true\">The world\u2019s largest crypto exchange will <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/fac9c3e401da4cc8b604566fd261d70c\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">remove<\/span><\/a><span data-preserver-spaces=\"true\"> 14 altcoins from its platform <\/span><span data-preserver-spaces=\"true\">on April 16<\/span><span data-preserver-spaces=\"true\">. Those include Badger (BADGER), Balancer (BAL), Beta Finance (BETA), Cream (CREAM), Cortex (CTXC), <\/span><span data-preserver-spaces=\"true\">aelf<\/span><span data-preserver-spaces=\"true\"> (ELF), Firo (FIRO), Kava Lend (HARD), NULS (NULS), Prosper (PROS), Status (SNT), TROY (TROY), Unilend Finance (UFT), and VIDT DAO (VIDT).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The delisting comes after a community <\/span><span data-preserver-spaces=\"true\">voting<\/span><span data-preserver-spaces=\"true\"> and Binance revealed that <\/span><span data-preserver-spaces=\"true\">a total of<\/span><span data-preserver-spaces=\"true\"> 24,141 participants took part. It is worth noting that only users who held a minimum balance of \u200b0.01 BNB in their accounts were eligible to cast a vote.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The exchange explained that <\/span><span data-preserver-spaces=\"true\">the tokens\u2019 valuation will no longer be displayed<\/span><span data-preserver-spaces=\"true\"> in people\u2019s accounts <\/span><span data-preserver-spaces=\"true\">after delisting<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cDeposits of these token(s) will not be credited to users\u2019 accounts <\/span><span data-preserver-spaces=\"true\">after 2025-04-16 03:00<\/span><span data-preserver-spaces=\"true\"> (UTC).\u00a0<\/span><span data-preserver-spaces=\"true\">Withdrawals of these token(s) from Binance will not be supported<\/span> <span data-preserver-spaces=\"true\">after 2025-06-09 03:00<\/span><span data-preserver-spaces=\"true\"> (UTC),\u201d it added.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The <\/span><span data-preserver-spaces=\"true\">conversion of the removed<\/span><span data-preserver-spaces=\"true\"> assets into stablecoins before June 10 is possible, although Binance said <\/span><span data-preserver-spaces=\"true\">that<\/span><span data-preserver-spaces=\"true\"> it \u201cis not guaranteed.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">All cryptocurrencies that will be removed from the platform next week <\/span><span data-preserver-spaces=\"true\">nosedived<\/span><span data-preserver-spaces=\"true\"> by double digits. CREAM and BETA were among the worst-affected ones, registering steep daily declines of almost 60%.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_391416\" aria-describedby=\"caption-attachment-391416\" style=\"width: 576px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-391416\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM.png\" alt=\"CREAM Price\" width=\"576\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM.png 1047w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM-300x208.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM-1024x711.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM-768x533.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/CREAM-50x35.png 50w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\"><\/a><figcaption id=\"caption-attachment-391416\" class=\"wp-caption-text\">CREAM Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">This shouldn\u2019t come as a surprise since the end of support from a crypto behemoth like Binance reduces liquidity and damages the reputational value<\/span><span data-preserver-spaces=\"true\">\u00a0of the involved assets.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Opposite Outcome<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Conversely, embracing a new cryptocurrency or adding further services <\/span><span data-preserver-spaces=\"true\">often<\/span><span data-preserver-spaces=\"true\"> boosts the price of the asset in question.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A similar event occurred at the start of the month when the exchange <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/cat-themed-meme-coin-soars-after-binance-boost-heres-what-happened\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">placed<\/span><\/a><span data-preserver-spaces=\"true\"> the cat-themed meme coin Cat in a Dogs World (MEW) into its Binance Alpha section. The latter is a platform within the company\u2019s ecosystem that highlights promising crypto projects. It acts as a pre-listing selection stage, potentially leading to official inclusion in the exchange.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">MEW\u2019s price soared by 15% shortly after the announcement, but the bears stepped in the following days and erased the gains.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/binance-delists-these-altcoins-triggering-a-price-meltdown-details-here\/\" rel=\"nofollow\">Binance Delists These Altcoins, Triggering a Price Meltdown: Details Here<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Binance\u2019s removal of 14 altcoins sent prices crashing, with CREAM and BETA sinking nearly 60% on the news. In contrast, the company\u2019s support can lift prices, as seen when meme coin MEW jumped 15% after being added to Binance Alpha last week. The Binance Effect The world\u2019s largest crypto exchange will remove 14 altcoins [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21140","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21140"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21140\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}