Binance Delists Reef and Other Cryptocurrencies
Binance, one of the world's leading cryptocurrency exchanges, has announced that it will be delisting six tokens from its platform.
The tokens to be delisted are Reef (REEF), Swipe (SXP), Origin Protocol (OGN), Terra Classic (LUNC), Ardana (DANA), and Kava (KAVA).
The exchange did not provide a specific reason for delisting the tokens, but it is likely due to low trading volume and lack of liquidity.
Binance is one of the most popular and trusted cryptocurrency exchanges in the world, so its decision to delist a token can have a significant impact on its price.
In the case of Reef, the price of the token has fallen by more than 50% since the announcement was made.
It is important to note that Binance is not the only exchange to delist Reef. Several other exchanges, including Coinbase and Kraken, have also delisted the token in recent months.
This is a developing story, and more details are expected to be released in the coming days.
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