Prices of OMG, WAVES, WNXM, and Xem dropped more than 20% because of Binance delisting

OMG, WAVES, WNXM, Xem prices decreased more than 20% after Binance announced delisting on June 17, 2024.

According to information from the exchange, the reason for delisting is because these 4 names no longer meet Binance's standards. Therefore, the exchange will stop all related spot, margin and futures trading pairs.

The pairs OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, Xem/USDT will be canceled at 10:00 AM on June 17, 2024 (Vietnam time). ). Users should pay attention to this timeline to close open positions and withdraw assets.

The delisting on Binance, the largest exchange today, immediately affected the token price.

OMG fluctuates around 0.54 USD, down 23% in 24 hours.

#OMGUSDT 1h chart of the OMG/USDT pair on Binance at 12:30 PM on June 3, 2024