Binance has announced the delisting of several trading pairs, namely GFT/USDT, IRIS/USDT, KEY/USDT, OAX/USDT, and REN/USDT. This decision has sent shockwaves through the cryptocurrency market.
The affected tokens experienced steep price declines following the announcement, as traders rushed to adjust their portfolios and manage potential losses.
Market participants have reacted with concern and urgency to the news, highlighting the impact that such a decision from a major exchange like Binance can have on token valuations.