Binance's decision to delist several cryptocurrencies on September 18, 2024, underscores the importance of staying informed and acting decisively. Here are some things to consider:
### Cryptocurrencies set to be delisted:
1. **ForTube ($FOR)**: Trading at 0.00997 USDT, down -42.51%. Delisted due to poor market performance.
2. **Ellipsis ($EPX)**: Price at 0.0000799 USDT, down -34.60%. Low user interaction.
3. **Voyager Token ($VGX)**: At 0.0399 USDT, down -33.64%, related to the collapse of the Voyager platform.
4. **PowerPool ($CVP)**: Value at 0.2300 USDT, down -39.23%. Lack of interest in its governance protocol.
5. **Reef ($REEF)**: At 0.000917 USDT, down -21.08%, facing issues with DeFi integration and centralized exchanges.
### Key actions to take:
- **Withdraw or convert holdings**: Move your assets before delisting to avoid liquidity issues.
- **Move to external wallet**: If you want to keep the tokens, move them to wallets that still support them.
- **Stay Updated**: Follow Binance announcements for any changes or impacts.
- **Explore other exchanges**: If you want to continue trading these tokens, look for other platforms that can continue to support them.
### Reason for delisting:
- Poor market performance
- Low trading volume
- Lack of continuous development or user engagement
- Concerns about long-term sustainability
Being proactive can help prevent losses and ensure your assets are protected during the delisting process.