Binance has been making headlines recently due to its "Vote to Delist" campaign, where users can vote on whether certain altcoins should remain listed on the platform. The second round of voting has concluded, and the results are quite telling.
*Tokens at Risk of Delisting:*#TrumpVsPowell
- *FTX Token (FTT)*: Received the most delist votes, accounting for 11.1% of the total. FTT's value has plummeted since the collapse of FTX in November 2022 and is currently trading at $0.81.
- *Zcash (ZEC)* and *JasmyCoin (JASMY)*: Each received 8.6% of the vote, with both tokens experiencing price drops after the voting results were announced.
- *Other tokens*: GoPlus Security (GPS), PlayDapp (PDA), Voxies (VOXEL), Alpaca Finance (ALPACA), and several others are also at risk of delisting.
*What This Means:*
The voting trends reveal shifting attitudes among users, with some tokens facing potential delisting due to decreased confidence. However, Binance has clarified that community votes are just one factor in their decision-making process. The final decision will depend on Binance's internal review, considering factors like price volatility, trading activity, and overall risk ¹.#TrumpVsPowell #USStockDrop #USStockDrop #BinanceHODLerHYPER #BinanceAlphaAlert $BTC $ETH $XRP
