The price of Ethereum, the second-largest cryptocurrency, has fallen 13% following rumors about its possible removal from the Binance platform.
Rumors about Ethereum Delisting
Panic among investors began after Binance introduced new features ‘Vote to List’ and ‘Vote to Delist,’ which allow users to vote on tokens added or removed from the platform. False rumors about a potential Ethereum delisting caused concern among Binance users.
Binance and Changpeng Zhao's Reaction
These rumors were dismissed by Binance's former CEO, Changpeng Zhao, who called the claims about Ethereum delisting completely false, stating that users believing such rumors "deserve to be poor."
Current Ethereum Price Situation
Despite Zhao's clarifications, Ethereum's price continues to fall. The cryptocurrency recently lost its support level at $1,900, and analysts warn of a possible further decline to $1,750 or even $1,500.
The situation with Ethereum's price remains unstable, and analysts continue to monitor the market for further developments.
