{"id":75762,"date":"2023-03-17T16:23:37","date_gmt":"2023-03-17T14:23:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75762"},"modified":"2025-09-10T13:30:12","modified_gmt":"2025-09-10T10:30:12","slug":"binance-announces-delisting-of-wabi-as-token-plunges-53","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-announces-delisting-of-wabi-as-token-plunges-53\/","title":{"rendered":"Binance announces delisting of WABI as token plunges 53%."},"content":{"rendered":"<p>The cryptocurrency exchange Binance announced on March 24, 2023 the delisting of two tokens \u2014 Tael (WABI) and Helium (HNT). The assets&#8217; prices reacted with a sharp decline.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\"><a href=\\\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Binance<\/a> will delist HNT and WABI on March 24, 2023.<a href=\\\"https:\/\/t.co\/390nGoxxyS\\\">https:\/\/t.co\/390nGoxxyS<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\\\"https:\/\/twitter.com\/binance\/status\/1636624177808408577?ref_src=twsrc%5Etfw\\\">March 17, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to CoinGecko, for Tael the market in the WABI\/BTC pair on the platform is the dominant one \u2014 accounting for more than 99% of trading volume in the asset. For Helium the maximum share is 62% recorded for HNT\/BUSD.<\/p>\n<p>In the wake of the delisting announcement, WABI price collapsed by 53%. The HTM quotes reacted more modestly, falling 13%.<\/p>\n<figure class=\\\"wp-block-image size-full\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/Wabi-Price-WABI-Live-Price-Chart-News-CoinGecko-Google-Chrome.webp\\\" alt=\\\"Wabi-Price-WABI-Live-Price-Chart-News-CoinGecko-Google-Chrome\\\" class=\\\"wp-image-201584\\\"\/><figcaption>Data: <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/wabi\\\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>As of writing HTM ranks 177th by market capitalization, with about $233.9 million. WABI figures are 1496 and about $3.3 million respectively.<\/p>\n<p>The exchange team, in a statement, reminded that it continually checks the compliance of digital assets with listing rules.<\/p>\n<p>Among the factors Binance named that could lead to the token&#8217;s removal from the platform are:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>the level and quality of project development by its team;<\/li>\n<li>trading volume and liquidity;<\/li>\n<li>network stability and security;<\/li>\n<li>level of publicity;<\/li>\n<li>response to periodic exchange inquiries;<\/li>\n<li>the project&#8217;s contribution to building a healthy and sustainable crypto ecosystem.<\/li>\n<\/ul>\n<p>In December 2022, the head of the exchange, Changpeng Zhao, responded to Mithril&#8217;s claims regarding the token&#8217;s delisting and the request to <a href=\"https:\/\/forklog.com\/en\/news\/binance-chief-explains-mithril-delisting\">return a deposit of 200 000 BNB<\/a> (~$50.7 million at the time).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Binance announced the delisting of two tokens \u2014 Tael (WABI) and Helium (HNT) on March 24, 2023. The assets&#8217; prices reacted with a sharp decline.<\/p>\n","protected":false},"author":1,"featured_media":75764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1286],"class_list":["post-75762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-listing"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=75762"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75762\/revisions"}],"predecessor-version":[{"id":75767,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75762\/revisions\/75767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/75764"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=75762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=75762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=75762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}