Binance Delists Alchemix, Ardor, NFPrompt, and Marlin; Tokens Plunge by Double Digits

2 hour ago 3 sources neutral

Key takeaways:

  • Binance's exit erodes confidence, isolating these altcoins from major liquidity sources.
  • Withdrawal deadlines could trigger panic selling, exacerbating illiquidity and price declines.
  • This delisting highlights structural risks for micro-cap tokens dependent on centralized exchange support.

Binance has announced the delisting of four tokens—Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP), and Marlin (POND)—following its latest platform review. The exchange will cease all spot trading pairs for these assets on July 10 at 03:00 UTC. The news triggered immediate double-digit declines, with NFP falling 21% in a single day.

According to Binance, deposits of the affected tokens will not be credited after July 11, 03:00 UTC, and withdrawals will be supported only until September 9, 03:00 UTC. After that date, remaining balances may be converted to stablecoins on behalf of users. Other services, including Futures, Simple Earn, Convert, Pay, and Pool, will also terminate support between July 2 and July 10.

The exchange’s Futures platform will conduct automatic settlement of open contracts on July 2, 09:00 UTC, with new positions blocked from July 2, 08:30 UTC. Binance emphasized that the decision follows its standard evaluation of project commitment, network stability, development activity, and liquidity. The delisting underscores how losing a major exchange’s support can severely impact liquidity and reputation for smaller projects.

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