Another coin is about to "delist and run"? The latest announcement from the exchange shows that trading will stop and the following tokens will be delisted on May 27th at 11:00 AM (UTC+8): $ATA , $FARM , $MLN , $PHB, and $SYS. As soon as the news broke, there was a noticeable spike in short-term volatility for the affected coins, and some holders began to exit their positions en masse.
It's worth noting that being delisted from an exchange often means a drop in liquidity and decreased investor interest, making it easier for prices to experience "slow declines with no buyers". This is especially true for small-cap projects; once they lose support from mainstream platforms, the risks are further amplified.
The market is rapidly weeding out weak projects, and the upcoming altcoin scene may face a harsher shakeout.
It's worth noting that being delisted from an exchange often means a drop in liquidity and decreased investor interest, making it easier for prices to experience "slow declines with no buyers". This is especially true for small-cap projects; once they lose support from mainstream platforms, the risks are further amplified.
The market is rapidly weeding out weak projects, and the upcoming altcoin scene may face a harsher shakeout.