cryptocurrency Stock exchanges do not keep the assets they list on their platforms for many years and there are delist announcements at regular intervals. These announcements are also considered a bad sign for the future of the relevant altcoins. Coinbase announced the altcoin delist at the time of writing.
DESO Coin Will Be Delisted
coinbase According to the recent announcement of the stock exchange, DESO, the local token of the decentralized social media platform, will be delisted. Trading will be stopped on November 8, and this means more than just reduced liquidity for DESO Coin.
“We regularly monitor assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will be suspending trading for Decentralized Social (DESO) at 2:00 PM ET on November 8, 2024.
We moved our DESO order books to limited only mode. Limit orders can be placed and canceled and matches can occur.”
Failure to meet the listing requirements indicates that things are not going well in the relevant altcoin. this too DESO Coin It means the price is facing a tough fight.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
