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Binance to de-list DLT, GVT, SKY and POA on 5 November

De-listing comes as a result of periodic review by Binance

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

 

 

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