Coinbase, the largest cryptocurrency exchange by trading volume in the US, continues to announce a series of delistings. A decision for 4 altcoins was announced yesterday. Now, it has been announced that another new altcoin will be delisted next month.
Altcoin Delisting News
A few minutes ago, according to an announcement from the Coinbase exchange, Aragon (ANT), which is currently traded on the Binance exchange, will be delisted next month. The exchange had previously announced that projects failing to meet qualifications would be delisted and this would continue. If projects cannot progress as expected and deviate from their promises, the review teams can decide to delist.
The decision by the Coinbase exchange, even though ANT Coin continues to be traded on different exchanges, will raise questions about its future. The actual reason behind the delisting by the most regulated cryptocurrency exchange in the US is unknown. Coinbase wrote;
“We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, we will suspend trading for Aragon (ANT) on January 5, 2024.”
It is unclear if the general market sentiment being positive is the reason, but ANT Coin continues the day with a 1% increase at $5.82.
