Poloniex Delists Coins Like BBR, BITS, IOC, MYR, RBY, SDC and Others
- Posted on Apr 19, 2017
In a shocking move, one of the biggest exchanges, Poloniex decided to delist coins like BBR, BITS, C2, CURE, HZ, IOC, MYR, NOBL, NSR, QBK, QORA, QTL, RBY, SDC, UNITY, VOX, XMG.
Many traders were in shock, as the price of these coins tumbled by more than 50%. Once this news hit the wires, people started selling aggressively, and prices declined heavily.
There is no reason mentioned by the company as of now. However, there can be many reasons like – non-performance, no communication from community, no improvements in the recent times from devs, and no community support.
Many people holding these coins lost a lot of money. It is a king of bizarre move due to which traders lost a lot of money. Even the developers of these coins may be in shock and may soon contact Poloniex to avoid delisting.
let’s wait and see how it goes from here. Until now, I would suggest to stay buying any of these coins.