Viberate (VIB) will be delisted from major exchanges Binance and Tokocrypto on May 2, 2025, potentially impacting the market and liquidity for the music data analytics platform.
The delisting may diminish VIB’s liquidity and utility, triggering significant market corrections and shifts in trading volumes and user interest.
Binance and Tokocrypto to Delist VIB Token
Viberate is a music data analytics platform facing an imminent delisting from leading exchange Binance. The company has not released any recent official statements or roadmaps following this strategic decision.
Binance announced the delisting of several tokens, including VIB, due to compliance and quality standards. Tokocrypto also plans to remove VIB, impacting all spot trading pairs associated with the token.
VIB Price Drops 31% Post-Delisting News
The market reacted strongly with VIB’s price dropping 31% following the delisting announcement. Observers noted similar declines in related tokens, underscoring widespread concern among investors.
Potential financial outcomes include reduced liquidity as major exchanges cease VIB’s trade. Historical data suggest migration to smaller exchanges, with Binance noting market standards as the delisting reason.
Historical Delistings Impact Token Valuation
Past delistings from major exchanges like Binance have resulted in immediate price declines due to reduced market confidence. VIB’s case follows this trend, showing a significant impact on its valuation.
Experts from Kanalcoin emphasize potential outcomes based on VIB’s historical performance and market position. They predict challenges in regaining liquidity without new exchange listings or platform functionalities.
| Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing. |
