Binance Drops - Market Shrugs

Today, Binance announced it will be delisting three spot trading pairs - ANIME, HYPER, and STO. Interestingly, all three tokens saw a price uptick after the announcement. The gains weren’t huge - just a couple of percent - but still, it’s the opposite of what used to happen.

Not so long ago, poor performance on exchanges was a death sentence for a cryptocurrency. I remember several projects with great ideas and excellent execution that failed to gain traction on the markets. They couldn’t attract attention, couldn’t generate decent trading volumes, and once major exchanges stopped listing them, they faded into obscurity. A couple of examples worth mentioning are Vite and Dollar-On-Chain - projects that deserved more recognition, but are now known only to a small niche and are unlikely to ever make a real comeback.

Monero was the first to break that pattern. After being delisted from major exchanges, it bounced back quickly. The Monero community proved that it’s exchanges that need cryptocurrencies - not the other way around. If a crypto truly matters, liquidity can be found on OTC markets and decentralized platforms.

For me, today’s events mark the end of an era when exchange failures could make or break a crypto project. Take ANIME, for example - right after the Binance delisting news, it briefly spiked by 15%, only to settle back roughly where it started (slightly higher, actually). In today’s market, being dropped by a CEX is neither a bullish nor bearish signal - it’s the CEX’s problem, not the crypto’s.

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