Binance announced it will delist six tokens on April 23, triggering immediate losses across the affected assets.
The exchange will remove Beefy.Finance (BIFI), FIO Protocol (FIO), FunToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN) from all spot trading pairs.
Binance Purges Six Tokens in Latest Delisting Wave
The exchange attributed its decision to its periodic review process. It evaluates development activity, trading volume, network security, and team commitment, among other factors.
“At Binance, we periodically review each digital asset we list to ensure that it continues to meet a high level of standard and industry requirements. When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” the blog read.
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The sell-off was swift. FUN dropped 27.93% within minutes of the April 9 notice, the steepest fall among the six.
MDT followed with a 22.79% decline, while FIO lost 20.51%. BIFI fell 8.93%, and OXT slid 13.42%. WAN saw the mildest reaction, with a dip of just 1.24%.
This is another wave of removals this month. On April 1, Binance delisted eight tokens, including Loopring (LRC) and Radiant Capital (RDNT), which also saw double-digit drops following the announcement.
Several of these tokens had been flagged well before removal. Binance placed BIFI and MDT under its Monitoring Tag in June 2025. FUN and OXT received the same warning label in March 2026.
The label flags tokens that show elevated risk and sharper price swings than their peers. Binance reviews tagged assets on an ongoing basis and may delist those that fail to meet its standards.
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The post Binance Delisting Wipeout: 6 Altcoins Crash After Exchange Pulls the Plug appeared first on BeInCrypto.
Source: https://beincrypto.com/binance-delisting-six-altcoins-prices-crash/