OKX, one of the leading cryptocurrency exchanges, announced their delist decision for some altcoins.
At this point, OKX, which announced its delist decision for altcoins named WGRT, KONO and WSB, included the following statements in its announcement.
“As OKX, we continuously monitor the performance of all listed trading pairs and regularly evaluate their listing qualities in order to maintain a reliable buying-selling environment on our Spot platform.
Based on feedback from our users and in accordance with OKX's Token Listing Termination and Deprecation Rules, we will discontinue the listings of some project tokens that do not meet our listing criteria.
Delisted trading pairs are: WGRT/USDT, KONO/USDT, and WSB/USDT.
We will terminate the specified trading pairs on February 2, 2024 between 11:00 and 11:30 (UTC).
WGRT, KONO, and WSB deposit transactions were stopped as of 11:00 (UTC) on January 23, 2024.
WGRT, KONO, and WSB shooting operations will be stopped as of 11:00 (UTC) on April 2, 2024.”
Following OKX's delist announcement, WGRT dropped 48%, KONO dropped 35%, and WSB dropped 50%.
*This is not investment advice.
