Binance Announces Delisting of Viberate Token by May 2025
Binance to delist Viberate (VIB) along with three other tokens by May 2025, affecting trading and withdrawal timelines.
Binance Announces Delisting of Viberate Token by May 2025
Binance will delist Viberate (VIB), Alpaca Finance, PlayDapp, and Wing Finance on May 2, 2025, ceasing deposits and withdrawals soon after.
The delisting signals a shift in Binances asset management strategy, raising concerns about VIBs future availability and its impact on current investors.
Viberate to Be Delisted from Binance on May 2, 2025
Viberate (VIB) is set for delisting from Binance on May 2, 2025. The exchange announced this move on April 23, as part of its asset quality reviews.
The delisting of Viberate (VIB) is due to routine asset quality reviews, following factors such as low development activity and trading liquidity. Binance official announcement
The action includes removing VIB trading pairs, halting deposit credits, and urging users to withdraw tokens by July 4. Binance cited low activity and liquidity concerns. Starting from May 2, 2025, VIB will be completely removed from spot trading pairs on our platform, and users are advised to convert or withdraw their tokens before July 4, 2025.
Viberate Price Drop Anticipated Post-Delisting Decision
Market analysts widely anticipated a price drop for Viberate following the news. Investors are considering various options for reallocating their holdings.
The delisting might trigger selling pressure and affect VIBs valuation. Data indicates similar past actions have led to short-term market volatility and long-term price adjustments.
Strategic Partnerships Key to Viberates Future Success
Historically, token delistings from major exchanges like Binance have posed challenges for respective cryptocurrencies. Previous instances have shown that institutional support can significantly influence asset pricing.
Analysts from Kanalcoin suggest that Viberates future viability depends on strategic partnerships and technological upgrades, mirroring past successful recovery cases for delisted assets.
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Text source: Kanalcoin
