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Binance Users Vote to Delist FTT, ZEC, JASMY in Shocking Community Shakeup

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Binance has completed the second round of its “Vote to Delist” campaign, revealing a clear shift in user sentiment toward several high-profile tokens. The community-driven process allowed users to vote on which tokens they believed should be removed from the exchange.

FTX Token (FTT) received the most voter support, with 11.1 percent of total votes during the delisting poll. FTT tokens have encountered tremendous mistrust because of the FTX exchange collapse in 2022. The voting period witnessed FTT decline by 4.1 percent, which caused its daily price to drop by $0.81.

Zcash (ZEC) and JasmyCoin (JASMY) each obtained 8.6 percent of total voting support. The FTX Token, Zcash, and JasmyCoin face ongoing user interest declines, which makes experts wonder about their platform’s staying power. Binance’s declining user faith becomes apparent through these tokens being listed for removal.

Also Read: Anatoly Yakovenko: Early Life and Net Worth – The Vision Behind Solana and the Quest for Scalable Crypto Infrastructure

GoPlus Security (GPS) and PlayDapp (PDA) also appeared high on the delisting radar. GPS received 8.2 percent of the votes, while PDA followed with 7.6 percent.Other tokens named in the vote include Voxies (VOXEL), Alpaca Finance (ALPACA), and STP Network (STPT), which gathered 7.1, 6.3, and 5.9 percent.

The market value of Flamingo Finance (FLM) and Biswap (BSW) exhibited recent drops during this period. Community uncertainty about future listings continues to intensify as indicated by recent price declines of Flamingo Finance (FLM) and Biswap (BSW).

Binance Review to Finalize Delisting Decisions

Despite the strong community feedback, Binance confirmed that voting will not be the sole deciding factor in any delisting. The exchange will conduct an internal assessment, including liquidity, trading activity, and regulatory compliance.

Binance’s decision will also consider each token’s overall performance on the platform. The campaign has intensified focus on transparency and user involvement while sparking debate across the crypto community.

As Binance moves closer to making its final decisions, the results of this vote signal significant changes ahead. Projects named in the ballot could face removal if they do not meet Binance’s internal criteria.

Also Read: Whales Move 49M XLM in 24H as Stellar Eyes Bullish Breakout Ahead

The post Binance Users Vote to Delist FTT, ZEC, JASMY in Shocking Community Shakeup appeared first on 36Crypto.

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