Binance has announced plans to delist four cryptocurrencies—Rupiah Token (IDRT), Keep3rV1 (KP3R), Ooki Protocol (OOKI), and Unifi Protocol DAO (UNFI)—in November, raising concerns about potential price declines. Following the announcement, these tokens experienced a significant drop, with prices falling between 0.5% and 46%.
According to Binance’s official statement on October 23, the delisting will take effect on November 6, with trading pairs such as KP3R/USDT, OOKI/USDT, UNFI/BTC, UNFI/TRY, UNFI/USDT, and USDT/IDRT being removed. All open orders in these pairs will be canceled, and users will no longer see the valuations in their wallets after the process is completed. Deposits for these tokens will cease on November 7, and withdrawals will not be supported after February 6, 2025. Binance also mentioned that a standard stablecoin conversion process might apply after February 7, 2025, though this is not guaranteed.
Furthermore, Binance Simple Earn will discontinue support for these four tokens starting November 4, and the UNFIUSDT USD-Margined perpetual contract will be terminated on October 30 at 09:00 UTC. The exchange has also ended support for KP3R, OOKI, and UNFI on both Cross and Isolated Margin pairs. Overall, the announcement has triggered bearish sentiment for these digital assets across the market.
Current Performance of the Delisted Cryptocurrencies:
As of now, KP3R has experienced a sharp 41% drop and is trading at $31.47, with a daily low of $32.53 and a high of $54.08. IDRT is down by about 0.5%, trading at $0.00006377, with a 24-hour range between $0.00006374 and $0.0000641. UNFI has seen a 42% intraday crash, currently at $1.57, with a daily low of $1.60 and a high of $2.78. Meanwhile, OOKI has plummeted 46% over the past day, trading at $0.0007154, ranging between $0.0007115 and $0.001373.
These price drops reflect a broader bearish market sentiment following Binance’s decision to withdraw support for these tokens. Conversely, the exchange recently listed Simon’s Cat (CAT), which resulted in a price surge for the token, highlighting Binance’s significant influence across the cryptocurrency sector.
