Cryptocurrency exchange OKX has revealed plans to remove five altcoins from its spot trading platform on June 4, 2025. The affected tokens are ZeroLend (ZERO), PARSIQ (PRQ), IQ (IQ), Artyfact (ARTY), and Samoyedcoin (SAMO). Following the announcement, these tokens experienced price declines, but some recovered shortly after. OKX stated that the decision to delist these tokens was due to them not meeting listing standards. Deposits for these tokens were suspended on May 28, 2025, and withdrawals will cease on September 4, 2025. The market responded with price drops, with SAMO seeing the largest decline. However, PRQ and IQ managed to reverse losses. This delisting action is part of OKX's commitment to maintaining a strong trading environment by regularly reviewing and delisting underperforming assets. Read more AI-generated news on: https://app.chaingpt.org/news