Binance has announced its decision to delist
BAL Coin, along with several other tokens, on
April 16, leading to a price drop by
30%. The decision, which includes 14 other altcoins, is the result of its inaugural 'Vote to Delist' campaign. The unintended consequence was a price free fall on the back of delisting news, notably for BAL Coin, which is now under close watch as a risky token. Despite this setback, the information about BAL Coin or
Balancer, as it is also known, remains significant for serious crypto investors.
Balancer is one of DeFi's largest automated market makers. Several price predictions suggest it to be a good investment.
Balancer v3 has recently been launched in partnership with
AAVE. Nevertheless, the impact of the Binance delisting is yet to be fully understood. BAL Coin's tumble emphasises how the exchange's actions can greatly influence a cryptocurrency's standing in the market.
BAL Coin News Analytics from Fri, 06 Feb 2009 08:00:00 GMT to Thu, 08 May 2025 07:00:00 GMT -
Rating -7
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