Binance, the world's largest cryptocurrency exchange, has announced the delisting of the Viberate (VIB) token on May 2, 2025, due to compliance issues and decreasing trading volume.
Reasons for Viberate Token Delisting
The delisting of Viberate (VIB) was announced through Binance's official channels, primarily citing compliance issues that led to the decision to remove the token from trading. Viberate is a blockchain-based platform focused on music data analysis.
Market Value Decline of VIB
Following the announcement, VIB’s market value has significantly decreased, demonstrating trends observed in previous delisting events. Traders and investors are feeling pressure to relocate or convert their holdings before the withdrawal deadline in July 2025. The delisting is expected to severely impact VIB’s trading pairs and reduce staking participation. No substantial ripple effects on major cryptocurrencies like BTC or ETH have been observed at this point.
Comparison with NAVCoin Delisting
Comparing with NAVCoin's 2022 delisting shows that VIB may face similar outcomes, including permanent liquidity loss and trust issues. Experts from Kanalcoin suggest that the results could align with past events where delisted tokens faced enduring market and liquidity challenges. Historical data supports these projections.
Compliance issues and dwindling trading volumes lead to significant changes in the crypto market, as exemplified by the Viberate token case. Previous delisting scenarios indicate that related risks can have lasting impacts on liquidity and investor trust.
