Binance US has made the decision to delist two prominent altcoins, as announced on March 7.
In accordance with the recent announcement by Binance US, Aragon (ANT) and Waves (WAVES) will be delisted effective March 7. Waves, in particular, has witnessed a significant downturn from its peak amidst rumors of team-driven price inflation, subsequently failing to rebound as anticipated. Binance issued the following statement:
“In an ever-evolving landscape, our oversight of digital assets is attuned to market dynamics and regulatory shifts. Should a cryptocurrency no longer meet our stringent criteria or should industry conditions shift, we conduct a comprehensive assessment of the asset in question to determine the need for further action, including delisting.
Deposits for Aragon (ANT) and Waves (WAVES) will be halted by March 6, 2024, with trading pairs being removed on March 7. We extend our gratitude for your ongoing support as we endeavor to cultivate the crypto ecosystem, prioritizing security, transparency, and sustainable growth in the long term.”