#VoteToDelistOnBinance #VoteToDelistOnBinance

Binance's latest "Vote to Delist" campaign has concluded, with several tokens facing potential removal from the platform. Here are the key details:

Tokens with High Delisting Votes

- *FTT (FTX Token)*: Received 11.1% of the total votes, likely due to the FTX collapse in 2022 and ongoing trust issues. Current price: $0.7878, down 4.70% in the past 24 hours.

- *ZEC (Zcash)* and *JASMY (JasmyCoin)*: Both secured 8.6% of the votes, with JASMY and GPS (GoPlus Security) experiencing price dips of nearly 3% after the voting ended.

- *GPS (GoPlus Security)*: Received 8.2% of the votes.

- *PDA (PlayDapp)*: Received 7.6% of the votes.

Binance's Delisting Process

Binance considers multiple factors before delisting a token, including:

- *Trading Volume and Liquidity*: Low volume and liquidity can lead to delisting.

- *Team Commitment and Development Activity*: Projects with low development activity or lack of team commitment may be delisted.

- *Community Sentiment*: User votes and overall community sentiment play a significant role in the delisting decision.

- *Network Stability and Security*: Tokens with stability or security concerns may be delisted.

Recent Delistings

Binance recently delisted 14 tokens, including:

- *BADGER (Badger DAO)*

- *BAL (Balancer)*

- *BETA (Beta Finance)*

- *CREAM (Cream Finance)*

- *CTXC (Cortex)*

- *ELF (Aelf)*

- *FIRO (Firo)*

- *HARD (Kava Lend)*

- *NULS (NULS)*

- *PROS (Prosper)*

- *SNT (Status)*

- *TROY (TROY)*

- *UFT (UniLend)*

- *VIDT (VIDT DAO)*

Market Reaction

Some tokens, like *ARDR (Ardor)*, have seen significant price surges despite being included in the delisting vote. ARDR's price jumped 155% after the vote, potentially due to speculative interest and reminders of its potential ¹ ²