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Cryptocurrency exchange Bybit has announced that it is delisting the altcoins EVERY, GG, CUSD, BUBBLE, TAVA, PLANET, and IRL. The exchange will remove trading pairs associated with these tokens and stop supporting them as assets.
The reason for the delisting decision was not stated in the statement, but BUBBLE, GG, EVERY, PLANET and IRL tokens have very low market values despite being listed for a long time and have suffered huge declines so far.
EVERY/USDT, GG/USDT, CUSD/USDT, BUBBLE/USDT, TAVA/USDT, PLANET/USDT and IRL/USDT trading pairs will be removed from Bybit’s Spot platform on March 21, 2025 at 11:00 UTC. All open orders will be automatically canceled.
Deposits for the affected tokens will close on March 20, 2025, at 11:00 AM, with withdrawals open until June 20, 2025, at 11:00 AM.
After the withdrawal deadline, Bybit may convert any remaining balances of these tokens into stablecoins, but the exchange noted that this is not guaranteed. If a conversion occurs, the credited stablecoins will be deposited into users’ accounts.
Following the delisting decisions, decreases were observed in the prices of tokens other than CUSD, a stablecoin.
CoinMarketCap chart showing the IRL price drop following the delisting decision.
*This is not investment advice.
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