VIB Delisted from Binance and Tokocrypto Amid Compliance Review

VIB token by Viberate will be delisted from Binance and Tokocrypto exchanges on May 2, 2025, following a periodic compliance review that failed to meet industry standards.

The delisting significantly impacts VIB’s market presence, causing a 31% price drop and reducing positions within exchange supports, sparking notable market turbulence.

VIB Delisting Rooted in Compliance Shortfalls

The delisting of VIB token reflects a decision by Binance and Tokocrypto triggered by an industry compliance review. The move centers around maintaining service quality and adherence to evolving market standards.

Binance, in its official statement, emphasized reviewing digital assets ensuring they fulfill high standards. “Binance periodically reviews each digital asset it lists to ensure that it continues to fulfill high standards and industry requirements,” reads the statement. VIB’s industry role as a music-centric analytics platform will face challenges from these changes.

VIB Market Plummets 31% Post-Announcement

The VIB token’s market reacted strongly, with its price plummeting 31% after the announcement. Exchanges are ceasing VIB deposits as deadlines approach, impacting investor confidence.

The effects extend to financial volatility and reduced platform liquidity for Viberate. Binance’s emphasis on asset standards suggests similar future actions for other digital tokens failing compliance checks.

Past Delistings Show Sharp Declines in Token Value

Historically, Binance’s delisting of non-compliant tokens has led to sharp declines in their market value. Previous rounds had a similar impact on trading volume and market sentiment.

Experts from Kanalcoin forecast potential long-term recovery if Viberate can sustain fundamentals. The data-driven insights from historical trends indicate possible improvements, though immediate volatility is anticipated.