Korea’s leading exchange Upbit delists $BONK , with the single-day drop hitting as high as 30.5% over the past 30 days.
A playbook where it’s listed and then delisted immediately is extremely damaging for memecoins: liquidity dries up, trading depth is drained, and retail investors are effectively forced to leave.
From $PEOPLE to $BONK , Upbit’s cleanup pace this year has clearly accelerated, and the power of the “gray list” is much bigger than people think.
Who will be named next?
#BONK #memecoin #Upbit
A playbook where it’s listed and then delisted immediately is extremely damaging for memecoins: liquidity dries up, trading depth is drained, and retail investors are effectively forced to leave.
From $PEOPLE to $BONK , Upbit’s cleanup pace this year has clearly accelerated, and the power of the “gray list” is much bigger than people think.
Who will be named next?
#BONK #memecoin #Upbit