Since a lot has been delisted recently, let's analyze together, how an exchage delisting will affect a token.
1. It will drag the price down
Most tokens will fall to as low as 20%-50%. That brutal.
2. It will decrease its volume.
Expect a volume cut to as much as 50% right after the delisting.
3. The number of holders will decrease.
The exchange wallet holding the token will be closed. Hence, right after the delisting a number of holders will instantly disappear in the contract.
Delisting is brutal to a token. Recovery usually takes time, since a token has to build up its name and the investors trust.
Only a token designed to be unbreakable like #Pitbull can smoothly grace through it. Check pitbull contract to confirm this fact. When #Pitbull was delisted for lack of volume, it only sped up PIT's burning mechanism. Token is designed to burn 2% of it in every transaction. More than 60% of pit has been burned in a span of three years. Token is getting scarce as time goes.
👀Pitbull is in line to become the next binance newbie. It is nominated in binance futures next. If it wins, PITBULL will be trading in binance. You can vote for it, to boost its rank. 😉
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