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Notcoin price slumps as Binance cancels NOT/BTC listing

By:
on May 16, 2024
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  • The exchange has confirmed plans to remove the NOT/BTC pair.
  • Binance’s compliance check triggered the move.
  • Notcoin price endures a relentless fall, down 55% on its daily chart.

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Binance’s latest announcement has stirred the cryptocurrency industry. The leading crypto exchange has announced plans to remove the NOT-BTC pair to enhance users’ trading experience. 

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That comes as Notcoin dominates cryptocurrency trends, attaining massive popularity in recent days. Enthusiasts are now speculating about the token’s future price trajectory following Binance’s move.

Binance terminates NOT/BTC pair

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According to the latest updates, the exchange will remove the trading pair, scheduled for 16 May noon listing, from its platform.

Notably, Binance’s decision emerged as the Notcoin community observed some malfunctions, with NOT deposits to Binance failing because of the exchange’s compliance check. 

The team highlighted that investors will receive refunds while cooperating with Binance to solve the matter. 

NOT price bleeds

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The abovementioned developments saw the native coin plunging relentlessly over the past few hours. 

NOT traded at $0.006662 at press time, losing 54% of its value on the daily price chart. The token’s trading volume remained flat at $736.78M during this publication. 

NOT 1D Chart on Coinmarketcap

Meanwhile, the broad crypto market displays recoveries, with Bitcoin (BTC) gaining 1.87% over the past day to steady above $65.7K. 

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