These 2 Altcoins Received Delist News From Bitcoin Exchange: They Crashed!

In the cryptocurrency market, all eyes are on the SEC's spot Bitcoin ETF decision. However, there continue to be critical developments in the market. In particular, stock market listing and delisting news create fluctuations in the prices of the relevant tokens. In a recent development, leading crypto exchange OKX has announced that it will remove two altcoin projects from its list. Following this development, the respective token prices fell off the cliff.

Giant exchange announces that it will delist 2 altcoin projects

As you can see from Kriptokoin.com, the market is on edge. The developments around the Bitcoin ETF oscillate between fear and hope. This takes the market on a rollercoaster ride. In the midst of these developments, OKX, one of the major Bitcoin exchanges, announced the delisting news for 2 altcons. In a statement, the exchange announced that it will delist Everdome (DOME) and Fame MMA (FAME). OKX has announced that it will remove these altcoins from the platform on January 12, 2024. Accordingly, the exchange made the following statements in the announcement:

The affected trading pairs are as follows: DOME/USDT and FAME/USDT. We will delist this trading pair on January 12, 2024 at 11:00 – 11:30 CET. We advise users to cancel orders for these trading pairs before delisting them. In addition, we will suspend withdrawals of these tokens from 11:00 CET on March 12, 2024.

Altcoin prices crashed after the announcement!

Following the announcement, altcoin prices fell sharply. The price of Fame MMA (FAME) suddenly fell to $0.0009257 from $0.0014 during the day. That's about a 37.5% drop for the token. Moreover, the token was continuing to descend on a bearish trajectory at the time of writing.

FAME-day price chart. Source: CoinMarketCapEverdome (DOME) suffered a similar fate as FAME. The altcoin price suddenly fell to $0.000596 from $0.000845 during the day. That's about a 23.7% drop for the token. DOME, like FAME, was continuing to descend on a downward trajectory at the time of writing.

DOME-day price chart. Source: CoinMarketCap### Good news for ATOM and NEAR holders from OKX!

Cryptocurrency exchange OKX also gave good news for two altcoins. OKX has announced that it has added ATOM and NEAR to OKXEarn. He also disclosed the passive income rates for the respective tokns. In this context, OKX made the following announcement:

We've expanded our on-chain offerings by adding > Cosmos (ATOM). We've also added Near Protocol (NEAR) for OKXEarn. Deposit your ATOM and earn up to 15-17%. Earn up to 6-10% with NEAR.

🚨> We've expanded our on-chain offerings by adding $ATOM @cosmos & $NEAR @NEARProtocol to #OKXEarn.

✅ > Stake your $ATOM and earn up to 15-17%
✅ > With $NEAR earn up to 6-10%

No subion limits 🤯

Get started 👉 pic.twitter.com/YaiYh8z4tY

— OKX (@okx) January 5, 2024

OKX integrates Web3 wallet with WEMIX

The OKX Web3 wallet was the first to integrate with the WEMIX network. Thus, it allowed users to seamlessly store and manage WEMIX ecosystem assets through the OKX Web3 wallet app, web, and add-on platforms without the need for manual configuration.

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