OMG Network

Loom Network

DFI.Money

Mirror Protocol

Rally

<ul><li>The results of the March internal review conducted by the exchange led to the delisting.</li><li>The date of suspension has been set as March 29, 2023.</li></ul>The biggest U.S.-based digital asset trading platform, Coinbase, recently stated that it will be stopping trading in six cryptocurrencies. According to the results of the March internal review conducted by the exchange, this is the case.For the record, Coinbase has recently tweeted that it conducts frequent reviews of the assets listed on the platform to verify they continue to meet their listing requirements.<a href="https://www.coinbase.com/price/rally" rel="noopener noreferrer nofollow">Rally (RLY)</a>, DFI Money (YFII), Mirror (MIR), OMG Network (OMG), Loom Network (LOOM), and Augur (REP) have all had their trading on the exchange suspended as a consequence of this analysis, and subsequent evaluations.<h3 id="price-falls-post-announcement">Price Falls Post Announcement</h3>The <a href="https://thenewscrypto.com/tag/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> exchange has announced the suspension of trading activity across all platforms and trading tiers (including Coinbase Pro, Coinbase Exchange, and Coinbase Prime). Yet despite this, users may always take their money from their accounts. The precise time when the suspension would go into effect has been set as March 29, 2023.The delisting of cryptocurrencies from Coinbase coincided with a sharp drop in value for all six cryptocurrencies. Augur, which has a market worth of $91 million, had a precipitous 4% drop and is now trading at $8.25.Nevertheless, DFI Money and OMG Network also had a decline of 7% and 11.26%, respectively. In the meanwhile, LOOM, the native token of the Loom Network, has decreased by 9 percent in the last 24 hours as per data from CMC.It’s a common phenomenon that when a token is listed on an <a href="https://thenewscrypto.com/exchange-news/" rel="noopener noreferrer nofollow">exchange</a>, the price surges as investors are excited and optimistic. Similarly, when a token is delisted, the price falls.

Coinbase Announces Delisting of 6 Altcoins Post Evaluations

Table of Contents

TheNewsCrypto

Other articles published on Mar 16, 2023

SVB, Signature and Silvergate collapse, Circle's USDC stablecoin breaks its peg, but what does it...

Ver. 0.2.19 Patch Notes — Replication SPEEDUP & Armor on Marketplace!

ColdStack X Crust Cloud. What About Integration?

GOLD LAST CALL - ENDED

Biconomy Futures Trading

The Evolution of the Dapp Industry in Response to America’s Banking Turmoil

Join our free newsletter for daily crypto updates!