Cardano

United

Rise

<p><a href="https://binance.pxf.io/NkNELv" target="_blank" rel="noopener noreferrer nofollow">Binance</a> made some significant decisions affecting two notable cryptocurrencies: Cardano and PepeCoin. This article delves into the reasons behind these decisions and the subsequent market repercussions for the two tokens.</p> 
<h2 id="h-cardano-faces-changes-on-binance-platform"><strong>Cardano Faces Changes on Binance Platform</strong></h2> 
<p>Binance, recognized as one of the top cryptocurrency exchanges globally, made the decision to remove the perpetual future contracts for <a href="https://cryptoticker.io/en/is-cardano-underperforming-compared-to-other-cryptos/" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> (ADA) recently. This move was attributed to regulatory concerns raised by the United States Securities and Exchange Commission (SEC). Subsequently, Cardano traders will now be limited to quarterly futures contracts.</p> 
<figure class="wp-block-image size-large is-resized"> 
 <img loading="lazy" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/cardano-crypto-currency-ada-gold-with-defocused-background-with-reddish-tones-like-fire-seeing_Easy-Resize.com_.jpg" alt="Ethereum Killer" class="wp-image-112444" width="606" height="403"> 
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<p>Interestingly, ADA’s market response remained positive. In the final week of August alone, ADA witnessed a growth of 6.70%. Market experts believe this uptrend is due to the various ecosystem advancements that occurred in the third quarter of 2023.</p> 
<h2 id="h-pepe-future-concerns-rise-all-over">PEPE Future: <strong>Concerns Rise All Over</strong> </h2> 
<p>PepeCoin’s future was called into question on August 26, 2023, when an unexpected announcement was made by its team. It was revealed that significant withdrawals had been made from their multi-signature CEX wallets two days prior. Sources revealed that three ex-team members moved 16 trillion PEPE tokens, which had a cumulative worth of $15 million, to several exchanges, with Binance and OKX being among them.</p> 
<figure class="wp-block-image size-large is-resized"> 
 <img loading="lazy" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/ezgif.com-webp-to-jpg-2.jpg" alt="PEPE Price" class="wp-image-114450" width="612" height="331"> 
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<p>This substantial transfer raised suspicions, causing many to believe that Binance might decide to delist PEPE soon. The immediate aftermath of this revelation was a drop in PEPE’s trading value. Financial experts suggest that PEPE might be facing a prolonged downward trend for the remainder of 2023 unless there’s significant intervention from large investors or institutions.</p>

Those 2 Cryptos were Delisted from Binance, ADA is one of them…

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