The crypto market is constantly evolving, with new projects launching, existing ones upgrading, and some fading away. One of the indicators of the popularity and potential of a crypto asset is its listing or delisting on major exchanges. Here is a summary of the most notable crypto exchange listing and delisting announcements that happened in the past week.
Binance Lists Bonk and Fusionist
Binance, the world’s largest crypto exchange by trading volume, added two new coins to its platform last week: Bonk and Fusionist. Bonk is a meme coin that claims to be the first deflationary token with a buyback mechanism. Fusionist is a cross-chain DeFi platform that aims to enable seamless interoperability and liquidity among different blockchains. Both coins saw a significant price increase after the listing announcement.
Bitfinex Delists Popsicle Finance
Bitfinex, one of the oldest and most influential crypto exchanges, decided to remove Popsicle Finance from its platform. Popsicle Finance is a decentralized protocol that provides automated market making and yield optimization services. Bitfinex did not provide a clear reason for the delisting, but it might be related to the recent exploit that drained $21 million from the protocol. Bitfinex users who hold Popsicle Finance tokens have until January 31, 2024 to withdraw them from the exchange.
KuCoin Adds Inspect and Bounce Finance
KuCoin, a popular crypto exchange that offers a variety of services and products, listed two new coins last week: Inspect and Bounce Finance. Inspect is a blockchain-based platform that allows users to create and verify digital certificates for various purposes. Bounce Finance is a decentralized auction protocol that enables fair and transparent price discovery for crypto assets. Both coins experienced a surge in trading volume and price after the listing announcement .
MEXC Global Lists Over 40 New Coins
MEXC Global, a fast-growing crypto exchange that supports over 800 trading pairs, added more than 40 new coins to its platform last week. Some of the notable ones include: Onboard, a blockchain-based loyalty program for travelers; SOLS, a subscription service for Solana-based projects; Turtsat, a satellite network powered by TurtleCoin; and Jito, a gaming platform that rewards players with NFTs. MEXC Global also launched several campaigns and promotions to celebrate the new listings.
Crypto.com Lists Jito and Marinade
Crypto.com, a leading crypto platform that offers a range of products and services, listed two new coins last week: Jito and Marinade. Jito is a gaming platform that rewards players with NFTs and allows them to create their own games. Marinade is a liquid staking protocol that enables users to earn passive income from staking Solana tokens. Both coins saw a boost in market capitalization and popularity after the listing announcement .