OKX, the leading cryptocurrency exchange, announced yesterday that it will delist 7 altcoins. While these altcoins include Meson Network (MSN), Omega (OMN), REP, EURT, IGU, PCI and Smart Layer (SLN), reactions began to come to OKX's delist decision.
We Will Launch Our Own Blockchain!
The first reaction came from Meson Network, OKX's Jumpstart project, which was delisted yesterday.
MSN was announced by OKX as a Jumpstart project in April. OKX described MSN as “a revolutionary project”.
Sherlock Shi, co-founder of Meson Network, expressed his disappointment over OKX delisting Meson Network (MSN).
Despite this delist decision, Shi said his team continues to stick to its goals and follow OKX's guidelines.
Shi said that the MSN team plans to launch its own blockchain “Meson-3.0”, stating that it will focus on expanding the network's nodes and increasing revenue streams.
“They Promised a Global Listing!”
Secondly, the altcoin project named Smart Layer (SLN) also reacted to the delist decision taken by OKX.
SLN stated that they were disappointed with the delist decision and stated that they have airdrop plans in the future.
“We react to OKX's decision to delist SLN today.
Although this news is disappointing, we are relieved to move forward with confident steps.
Prior to the listing in February this year, our listing partner at OKX promised global listing, with the exception of China and a few European countries.
However, OKX blocked SLN pairs from trading in almost every major country and market following listing.
Despite repeated attempts to contact OKX, no meaningful response has been received to date.
Our community has been effectively and deliberately prevented from purchasing our token.
Despite this delisting decision, we have over 10 very strong exchange partners and our Smart Layer ecosystem, technology and adoption continues to grow.
“As crypto and altcoin markets gain momentum in the coming months, we are committed to rewarding SLN holders for their loyalty.”
After the OKX delist decision, the MSN price decreased by up to 40%, while the SLN price decreased by up to 50%.
*This is not investment advice.