Collapse🔻 MEDIA after Coinbase's slap.... the currency plummets 60% in hours

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The Media Network (MEDIA) currency suffered a painful blow after Coinbase officially delisted it from all its services, causing its value to collapse by more than 60% within a few hours, and its market value dropped to less than $430,000.

The delisting decision, which took effect on April 15, 2025, included the platforms Coinbase (NASDAQ:COIN).com, Coinbase Exchange, and Coinbase Prime, as part of a periodic review conducted by the platform for digital assets.

Although the direct reason was not clarified, estimates suggest that weak activity and halted development were behind the decision. This move has accelerated the currency's bleed, which has lost more than 99% of its value since its peak at $312.

The absence of updates and the “disappearance” of the project team for months has sparked a wave of anger among investors, at a time when markets are experiencing increased volatility due to global economic tensions..#Media