The cryptocurrency exchange Binance has completed the second round of its campaign 'Vote for delisting'. This initiative allows users to remove tokens from the exchange. After several rounds, tokens such as FTX Token (FTT), Zcash (ZEC), and JasmyCoin (JASMY) came under close scrutiny.
The FTX Token (FTT) became the main candidate for elimination, receiving 11.1% of the total number of votes. At the time of voting, the token was trading at $0.81, giving no hope for any recovery. Zcash (ZEC) and JasmyCoin (JASMY) received 8.6% of the votes each, and this voting result can be explained by issues of price effectiveness. Additionally, the community is concerned about their long-term prospects on the platform. Negative reactions from the exchange's clients were also received by GoPlus Security (GPS) and PlayDapp (PDA), which garnered 8.2% and 7.6% of the total number of votes, respectively. Voxies (VOXEL), Alpaca Finance (ALPACA), and STP Network (STPT) received 7.1%, 6.3%, and 5.9%, respectively. According to Binance, the final decision regarding exclusions will not be based solely on the results of the community voting. The exchange team will conduct an internal assessment considering market indicators and will check compliance with regulatory requirements and liquidity.
