Leading crypto exchange Binance announced that it will de-list Agrelloe (DLT), Genesis Vision (GVT), Skycoin (SKY) and POA (POA) tokens effective 5 November 2021.
The decision to de-list was made following a review. Although no specific reasons are given by Binance, reviews typically look at the following considerations:
- Commitment of team to project
- Level and quality of development activity
- Trading volume and liquidity
- Stability and safety of network from attacks
- Network / smart contract stability
- Level of public communication
- Responsiveness to our periodic due diligence requests
- Evidence of unethical/fraudulent conduct or negligence
- Contribution to a healthy and sustainable crypto ecosystem
Agrello (DLT)
Analysis of the DLT Binance Research page reveals the following:
- Tokens are trading at US$0.067 cents each. The price spiked to a high in January 2018 of US$1.290, but fell sharply and have generally traded at current prices levels since
- There’s a concentration of large holders (81%), with 28% taking profit at current prices
- Social activity has been low, with no Telegram or GitHub engagement
- While there was a negative sentiment of only 4%, 75% were neutral
Genesis Vision (GVT)
- 76% of GVT are concentrated in large holdings
- Almost no social engagement on GitHub or Telegram
- A huge 82% neutral sentiment
Skycoin (SKY)
- Little price movement since November 2018
- No other information available
POA (POA)
- No information available