Why Is Ardor ($ARDR) Pumping After Binance Threatened to Delist It?
- Ardor (ARDR) price surged over 280% after joining Binance’s ‘Vote to Delist’ list on April 10
- Speculation points to renewed interest in Ardor’s unique parent-child blockchain tech driving the surprise rally
- Ardor leads Binance gainers, up 131% daily; rally sustainability post-April 16 vote remains unclear
Ardor (ARDR) has rallied over 280% since April 10, surprisingly after crypto exchange Binance added it to its “Vote to Delist” program list. The token defied typical delisting pressure, hitting $0.137 and leading Binance gainers with a 131% gain in the past 24 hours alone (as of Apr 16).
At press time, ARDR is trading at $0.137, boasting a $137 million market cap and leading Binance’s daily gainers list.
The exchange’s initiative is part of a broader effort to strengthen listing transparency and governance via community decision-making. It allows the community to suggest delistings of projects under the Monitoring Tag, especially those that may no longer meet Binance’s stringent standards.
Related: JUP, STRK, TON Level Up on Binance? Exchange Removes High-Risk Seed Tag
ARDR’s Unique Design Might Be Its Saving Grace
Such a move is typically s…
The post Why Is Ardor ($ARDR) Pumping After Binance Threatened to Delist It? appeared first on Coin Edition.
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Why Is Ardor ($ARDR) Pumping After Binance Threatened to Delist It?
- Ardor (ARDR) price surged over 280% after joining Binance’s ‘Vote to Delist’ list on April 10
- Speculation points to renewed interest in Ardor’s unique parent-child blockchain tech driving the surprise rally
- Ardor leads Binance gainers, up 131% daily; rally sustainability post-April 16 vote remains unclear
Ardor (ARDR) has rallied over 280% since April 10, surprisingly after crypto exchange Binance added it to its “Vote to Delist” program list. The token defied typical delisting pressure, hitting $0.137 and leading Binance gainers with a 131% gain in the past 24 hours alone (as of Apr 16).
At press time, ARDR is trading at $0.137, boasting a $137 million market cap and leading Binance’s daily gainers list.
The exchange’s initiative is part of a broader effort to strengthen listing transparency and governance via community decision-making. It allows the community to suggest delistings of projects under the Monitoring Tag, especially those that may no longer meet Binance’s stringent standards.
Related: JUP, STRK, TON Level Up on Binance? Exchange Removes High-Risk Seed Tag
ARDR’s Unique Design Might Be Its Saving Grace
Such a move is typically s…
The post Why Is Ardor ($ARDR) Pumping After Binance Threatened to Delist It? appeared first on Coin Edition.
Read More