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📉 He Lost ₹12 Lakh Holding a Coin Binance Delisted – Don’t Be the Next Victim 🚨
Imagine waking up one day, opening your Binance app, and finding out your favorite coin is gone. Not sold. Not crashed. Just delisted. That’s exactly what happened to a Reddit user known as u/Altcoin $BTC Hopeful, who lost over ₹12 Lakh (~$14,000) when Binance suddenly removed the coin he had been holding for over a year: $WTC (Waltonchain).
💀 What Went Down?
🔸 This trader had been averaging into $WTC since 2021, hoping for a comeback.
🔸 He ignored the low volume, lack of updates, and dwindling community.
🔸 In May 2023, Binance announced delisting of WTC, citing poor development activity and compliance issues.
🔸 Within 48 hours, the token price collapsed 70%, and trading was disabled on Binance.
> “I kept telling myself, it’s undervalued… then it was unrecoverable.”
🧠 Why This Happens:
According to Binance’s official listing criteria, they regularly evaluate tokens based on:
✅ Dev commitment
✅ Trading volume/liquidity
✅ Network security
✅ Project communication
✅ Regulatory compliance
If a coin doesn’t make the cut, it gets delisted, and holders are left with illiquid bags.
🛑 Don’t Be the Next Victim – Here's How to Protect Yourself:
1. Track Binance Announcements: Follow @Binance and support page weekly.
2. Avoid Zombie Coins: If your coin hasn’t posted updates or major news in 6+ months, that’s a red flag.
3. Use Portfolio Tools: Sites like CoinGecko and Arkham Intelligence help you monitor dev activity and token flow.
4. Always Have an Exit Plan: Don’t bag-hold based on hope. Set targets or stop losses.
🚨 Real Alpha:
Multiple coins have been removed over the last 12 months including:
Binance isn’t playing games anymore. If they delist, the market for that coin can evaporate overnight.
💬 Have you ever held a coin that got delisted? How did it go down? Drop your story below 👇
#CryptoRisk #BinanceDelisting #AltcoinSurvival #CryptoTips #Binance #WTC #Web3Security #RedditCrypto
Imagine waking up one day, opening your Binance app, and finding out your favorite coin is gone. Not sold. Not crashed. Just delisted. That’s exactly what happened to a Reddit user known as u/Altcoin $BTC Hopeful, who lost over ₹12 Lakh (~$14,000) when Binance suddenly removed the coin he had been holding for over a year: $WTC (Waltonchain).
💀 What Went Down?
🔸 This trader had been averaging into $WTC since 2021, hoping for a comeback.
🔸 He ignored the low volume, lack of updates, and dwindling community.
🔸 In May 2023, Binance announced delisting of WTC, citing poor development activity and compliance issues.
🔸 Within 48 hours, the token price collapsed 70%, and trading was disabled on Binance.
> “I kept telling myself, it’s undervalued… then it was unrecoverable.”
🧠 Why This Happens:
According to Binance’s official listing criteria, they regularly evaluate tokens based on:
✅ Dev commitment
✅ Trading volume/liquidity
✅ Network security
✅ Project communication
✅ Regulatory compliance
If a coin doesn’t make the cut, it gets delisted, and holders are left with illiquid bags.
🛑 Don’t Be the Next Victim – Here's How to Protect Yourself:
1. Track Binance Announcements: Follow @Binance and support page weekly.
2. Avoid Zombie Coins: If your coin hasn’t posted updates or major news in 6+ months, that’s a red flag.
3. Use Portfolio Tools: Sites like CoinGecko and Arkham Intelligence help you monitor dev activity and token flow.
4. Always Have an Exit Plan: Don’t bag-hold based on hope. Set targets or stop losses.
🚨 Real Alpha:
Multiple coins have been removed over the last 12 months including:
Binance isn’t playing games anymore. If they delist, the market for that coin can evaporate overnight.
💬 Have you ever held a coin that got delisted? How did it go down? Drop your story below 👇
#CryptoRisk #BinanceDelisting #AltcoinSurvival #CryptoTips #Binance #WTC #Web3Security #RedditCrypto
#redditcrypto
#Tesla is up $367M in profit on 11.5k #Bitcoin acquired in late January 2021 at a price of around $32k, they continue to hold $BTC for 3 years now.
#Tesla is up $367M in profit on 11.5k #Bitcoin acquired in late January 2021 at a price of around $32k, they continue to hold $BTC for 3 years now.
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