#BinanceVoteToDelist Binance has kicked off its second “Vote to Delist” round, spotlighting 17 tokens for potential removal from the platform. The announcement, made public today, has already triggered significant price drops for most of the listed cryptocurrencies. The voting window, which opened on April 10, 2025, at 04:00 UTC, will remain active until April 16, 2025, at 23:59 UTC, giving users a chance to influence which tokens might be axed.

17 Tokens Facing the Delisting Vote in Round Two

The second batch of tokens up for delisting includes a diverse range of projects from the crypto space:

• Zcash (ZEC): A privacy-focused cryptocurrency powered by the Equihash algorithm.

• JasmyCoin (JASMY): A data marketplace platform enabling users to sell IoT-generated data to businesses.

• FTX Token (FTT): The utility token tied to the now-defunct FTX exchange.

• Standard Tokenization Protocol (STPT): A decentralized network aimed at global crypto discovery and usage.

• Ark (ARK): An interoperable blockchain platform for developers, users, and startups to build custom projects.

• Ardor (ARDR): A proof-of-stake multichain blockchain with a parent-child chain structure.

• GoPlus Security (GPS): A decentralized layer focused on enhancing blockchain security.

• MovieBloc (MBL): A decentralized platform for distributing movies and content.

• Perpetual Protocol (PERP): A decentralized perpetual futures protocol using a virtual automated market maker (vAMM).

• NKN (NKN): A blockchain-driven network connectivity protocol and ecosystem.

• Wing Finance (WING): A credit-based DeFi platform for crypto lending and cross-chain interactions.

• LTO Network (LTO): A hybrid blockchain offering business-to-business solutions.

• Flamingo (FLM): A full-stack DeFi protocol on the Neo blockchain with interoperability features.

• Biswap (BSW): A decentralized exchange (DEX) operating on the BNB Chain.

• Alpaca Finance (ALPACA): A lending protocol on Binance Smart Chain supporting leveraged yield farming.

• Voxies (VOXEL): A free-to-play RPG blockchain game.

• PlayDapp (PDA): A platform dedicated to blockchain gaming.

Following Binance’s announcement, the majority of these tokens experienced immediate price declines, reflecting market uncertainty about their future on the exchange.

Details of Binance’s Second Delisting Vote Round

This marks Binance’s second initiative under its “Vote to Delist” program, which allows users to vote on projects flagged with the Monitoring Tag—indicating high volatility or risk of failing to meet Binance’s listing standards. The exchange emphasized that this community-driven process is part of its effort to maintain a robust and reliable ecosystem.

Voting Period and Eligibility Criteria

The voting period began today, April 10, at 04:00 UTC, and will conclude on April 16 at 23:59 UTC. To participate, users must:

• Be logged into a verified Binance account.

• Hold at least 0.01 BNB across their accounts during the voting window.

Each user can vote for up to five projects, with a limit of one vote per project per account. However, Binance clarified that while community votes will be considered, they won’t be the sole determinant of delisting decisions. The exchange will also evaluate projects based on factors like team commitment, development progress, trading volume, liquidity, network security, and compliance with regulatory requirements.

Market Impact and Context

The announcement of the second voting round follows the first “Vote to Delist” batch, revealed on April 8, which included 14 tokens. The current batch’s announcement has already rattled the market, with most of the 17 tokens seeing their prices drop as investors react to the potential delisting threat.

Binance’s “Vote to Delist” program reflects its broader strategy to involve the community in governance while maintaining strict standards for listed projects. The Monitoring Tag serves as a warning for projects at risk, and the outcome of this voting round could reshape the landscape for these tokens on one of the world’s largest crypto exchanges.

Image Concept Description:

I’ll describe an image concept for the topic “Binance Unveils 17 Tokens for Second Delisting Vote Round—Price Drops Follow.” Since I need confirmation to generate images, please confirm if you’d like me to proceed after reviewing the description.

The image would be a dramatic digital illustration with a split composition. On the left side, a large Binance logo looms over a cracked, crumbling platform where 17 tokens are represented as coins (each labeled with their ticker symbols: ZEC, JASMY, FTT, STPT, ARK, ARDR, GPS, MBL, PERP, NKN, WING, LTO, FLM, BSW, ALPACA, VOXEL, PDA). These coins are falling off the edge into a fiery pit labeled “Delisting Risk,” with red downward arrows and percentage signs (e.g., -7%, -10%) to show price declines. A group of worried crypto traders, depicted as cartoonish figures, stand nearby, clutching their heads in distress as they watch the tokens plummet.

On the right side, a voting booth is set up with a glowing sign reading “Vote to Delist: April 10–16, 2025.” A line of Binance users, holding BNB coins (to signify the 0.01 BNB requirement), are casting ballots into a box labeled “Monitoring Tag Projects.” In the background, a large clock ticks down to April 16, 23:59 UTC, adding a sense of urgency. Above the scene, a banner reads: “Binance’s Second Delisting Vote—Your Voice Matters!” The color scheme would use dark blues and grays for the left side to convey tension, contrasted with brighter yellows and greens on the right to highlight the voting process.