Altcoin Prices Plunge After Binance Delists 23 Tokens — Full Details

The world’s largest cryptocurrency exchange recently removed nearly two dozen digital assets from its platform, triggering sudden and significant price drops across the affected tokens.

This delisting announcement followed shortly after the exchange added a new batch of trading pairs to its margin offerings.

Binance Did It Again

The company revealed that 23 altcoins failed to meet Binance Alpha’s standards and were delisted on April 30. Tokens impacted include Revox (REX), TANSSI (TANSSI), Yala (YALA), Redacted (RDAC), Skate (SKATE), SatLayer (SLAY), Velora (VLR), LayerEdge (EDGEN), Bubb (BUBB), Dexlab (XLAB), among others.

When an exchange discontinues support for certain cryptocurrencies, it commonly leads to sharp price declines. This reaction is predictable because delisting reduces a token’s liquidity, limits access for traders, and can harm the project’s reputation.

Unsurprisingly, most of the affected tokens fell by double-digit percentages following the announcement. BUBB was one of the hardest hit, with its market value plunging nearly 50% in the last 24 hours.

BUBB Price, Source: CoinGecko

About two weeks earlier, other altcoins such as Dego Finance (DEGO), DENT (DENT), and TrueFi (TRU) suffered similar double-digit crashes after Binance removed them from certain listings.

The exchange clarified that users can still sell or withdraw the delisted assets from Binance Alpha, the platform’s early-access environment. Binance emphasized that tokens on that platform often experience high volatility.

“Users must exercise sufficient risk management and DYOR (do your own research) to fully understand the projects before opting to trade the tokens,” the company warned.

The Previous Amendments

In addition to removing cryptocurrencies that no longer meet its criteria, Binance routinely adds new trading pairs to reflect market trends and improve user experience.

Earlier in the week, the exchange added AVNT/U, BIO/U, CHIP/U, KAT/U, CHIP/USD1, and XAUT/USD1 to Cross Margin trading. These additions follow a series of recent listings focused on United Stables (U), a stablecoin introduced in late 2025 and pegged to the US dollar.

Before these updates, Binance temporarily paused deposits and withdrawals on the Ethereum network for scheduled wallet maintenance. Services were restored after the planned outage, which was intended to last one hour. Such maintenance is standard practice; over the years, the exchange has similarly paused or adjusted services to support upgrades and maintenance across multiple ecosystems, including BNB Smart Chain and Cardano.