FTT and JASMY Under Pressure — Should Holders Be Worried?
- Binance’s delisting vote gives users a voice in token removal decisions.
- FTX Token faces price instability with key support levels at $0.875–$0.88.
- JasmyCoin shows risk with declining volume despite recent price gains.
Crypto market attention turned to potential delistings Thursday as Binance opened the second round of its “Vote to Delist” program on April 10, 2025. The latest targets 17 tokens, including high-profile names like FTX Token (FTT) and JasmyCoin (JASMY).
Both have been placed under Binance’s “Monitoring Tag,” signaling performance or compliance issues.
How Does Binance’s Delisting Vote Work?
This voting initiative allows users to weigh in on whether flagged tokens should remain on the exchange. While the community votes serve as important feedback, they don’t automatically lead to removal; Binance stated they heavily influence the final decision.
Tokens under review are assessed on liquidity, development activity, team performance, and user engagement. This two-part review system ensures that the community has a voice, but Binance keeps control over final outcomes.
To participate, users must hold at least 0.01 BNB duri…
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FTT and JASMY Under Pressure — Should Holders Be Worried?
- Binance’s delisting vote gives users a voice in token removal decisions.
- FTX Token faces price instability with key support levels at $0.875–$0.88.
- JasmyCoin shows risk with declining volume despite recent price gains.
Crypto market attention turned to potential delistings Thursday as Binance opened the second round of its “Vote to Delist” program on April 10, 2025. The latest targets 17 tokens, including high-profile names like FTX Token (FTT) and JasmyCoin (JASMY).
Both have been placed under Binance’s “Monitoring Tag,” signaling performance or compliance issues.
How Does Binance’s Delisting Vote Work?
This voting initiative allows users to weigh in on whether flagged tokens should remain on the exchange. While the community votes serve as important feedback, they don’t automatically lead to removal; Binance stated they heavily influence the final decision.
Tokens under review are assessed on liquidity, development activity, team performance, and user engagement. This two-part review system ensures that the community has a voice, but Binance keeps control over final outcomes.
To participate, users must hold at least 0.01 BNB duri…
The post FTT and JASMY Under Pressure — Should Holders Be Worried? appeared first on Coin Edition.
Read More