One of South Korea’s largest cryptocurrency exchanges, Bithumb, announced today that it will terminate trading support for Radiant Capital (RDNT). Following this development, RDNT coin experienced a drop of approximately 7%.
The decision to end trading support for Radiant Capital was explained as a precautionary measure by the Digital Asset Exchange Association (DAXA) to protect investors. DAXA member companies have the right to delist cryptocurrencies that fail to meet certain standards. Bithumb stated that RDNT did not meet the criteria required to maintain trading support.
Trading Termination Date: December 12, 2024
Withdrawal Support End Date: January 10, 2025
RDNT Coin Drops After the Announcement!
According to CoinMarketCap data, the price of RDNT coin fell from $0.06 to $0.056, a drop of approximately 7%, after the delisting news. At the time of writing, it is trading at $0.0586.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.