OKX announces the delisting of seven altcoins, prompting reactions from affected projects like Meson Network and Smart Layer.
Points
- OKX will delist seven altcoins, including Meson Network （MSN） and Smart Layer （SLN）.
- Meson Network plans to launch its own blockchain despite the delisting.
- Smart Layer expresses disappointment but plans future airdrops and ecosystem growth.
Leading cryptocurrency exchange OKX has announced the delisting of seven altcoins, including Meson Network （MSN）, Omega （OMN）, REP, EURT, IGU, PCI, and Smart Layer （SLN）. The decision has sparked reactions from the affected projects, with Meson Network and Smart Layer voicing their concerns.
Meson Network, a project initially supported by OKX’s Jumpstart program, expressed disappointment over the delisting but remains committed to its goals. Co-founder Sherlock Shi stated that the team plans to launch its own blockchain, Meson-3.0, focusing on expanding network nodes and increasing revenue streams.
Smart Layer also reacted to the delisting decision, highlighting a promised global listing that was not fulfilled. The project plans to move forward with confident steps, including future airdrops and continued ecosystem growth. Despite the setback, Smart Layer emphasized its commitment to rewarding its community and advancing its technology.
Following the delisting announcement, the prices of MSN and SLN dropped significantly, with MSN decreasing by up to 40% and SLN by up to 50%. The delisting reflects the challenges faced by smaller altcoins in maintaining exchange listings and market stability.
解説
- Delisting: The removal of a cryptocurrency from an exchange, often due to low trading volume, regulatory issues, or other concerns.
- Airdrops: The distribution of free tokens to cryptocurrency holders as a marketing strategy or reward.
- Blockchain: A decentralized digital ledger that records transactions across multiple computers.