Major Exchange to Delist 16 Cryptocurrencies: Details

Oh là là! The Great Cryptocurrency Exodus: 16 Tokens Bid Adieu! 🚪💸

Ah, mes amis! Gather ’round as we unveil the latest spectacle in the grand theater of finance! The illustrious OKX, in its infinite wisdom, has decided to cast aside 16 trading pairs, citing low trading volume and a dire lack of liquidity. One might say, “C’est la vie!” as they strive to maintain a trading environment that is as efficient as a well-oiled machine. Alas, these poor pairs failed to meet the minimal requirements for a sustained listing, and thus, they have been flagged in a routine review—like a student caught napping in class! 😴

And who are the unfortunate souls in this tragic comedy? Behold the list of the affected pairs: ALCX/USDT, ALCX/USD, NULS/USDT, NULS/USD, MDT/USDT, MDT/USD, BORA/USDT, BORA/USD, CTXC/USDT, CTXC/USD, XNO/USDT, XNO/USD, VENOM/USDT, VENOM/USD, RADAR/USDT, RADAR/USD. Quite the motley crew, n’est-ce pas? 🎭

Mark your calendars, dear traders! The delisting will occur on June 20, 2025, between the hours of 8:00 and 10:00 a.m. UTC. As of June 16, deposits for these unfortunate assets have already been suspended—like a bad play that no one wants to see! Users are urged to manage or remove their holdings posthaste, for come September 20, 2025, withdrawals shall cease, leaving many a trader in a state of despair. 😱

As the market reacts to this thinning exit liquidity, tokens such as RADAR and ALCX may plummet faster than a lead balloon! 🎈 Delisting breeds uncertainty, and these assets were already wobbling on their last legs. A word of caution for RADAR: despite its vibrant Web3 community, which may rally on social media like a band of merry jesters, the technical obstacles remain formidable. For others, especially those lacking practical application, recovery seems as likely as a cat learning to swim! 🐱‍👤

As access dwindles and liquidity evaporates like morning mist, sentiment may continue to sour. This could lead to further delistings on other platforms or a permanent price suppression that would make even the most stoic trader weep! 😢 A clear reminder, dear friends, that exchanges are tightening their belts, and tokens that do not contribute to the grand performance risk being cast aside. Beware the slippage risk, illiquidity traps, and volatile swings that are sure to increase during this delisting window. Now is the time for decisive action if you find yourself holding any of these beleaguered assets! ⚡

Read More

2025-06-16 14:23