Bybit Delists Several Tokens | New Listing Sparks Mixed Reactions
Bybit has stirred the crypto world by announcing the delisting of six trading pairs, effective May 23, 2025, while also revealing the anticipated launch of the Tokyo Games Token ($TGT). Mixed feelings abound, as some welcome the change, while others worry about the impact on the platform.
Tokens Set to be Removed
The exchange will no longer support the following trading pairs:
DLC/USDT
ELDA/USDT
KRO/USDT
N3/USDT
SAIL/USDT
STAT/USDT
Trading will officially end at 8 AM UTC on May 23, and deposits will halt the day prior at the same time.
"The announcement has stirred a lot of chatter online, particularly about which tokens will replace these pairs," a user commented.
Some expressed doubts over the delistings, with quotes like, "Delisting these tokens might not be a smart move," echoing skepticism. Conversely, enthusiasm about the new $TGT token was apparent, with one contributor saying, "Gm to the new tokens on the way, the future looks promising!"
Investors' Sentiments
The community remains active, discussing the potential performance of cryptocurrencies in light of the changes.
Several comments speculated on XRP's behavior, with mixed predictions. "XRP will be green," one user asserted, while another anticipated a downturn, stating simply "red."
As traders prepare, sources confirm these delistings are likely due to low performance metrics and trading volumes.
Community Buzz
Discussions across user boards reveal varied sentiments:
📉 "Delisting these tokens might not be a smart move."
💬 "The new addition may attract fresh interest."
🧐 "Timely decisions keep platforms competitive."
Interestingly, experts estimate a 60% chance of increased trading volumes following the $TGT launch, as people scout new opportunities. However, concerns over the delisted assets suffering price pressures may lead to volatility.
Key Notes
⚡ Trading of affected pairs ends May 23, 2025.
🚫 Deposits for these tokens stop May 22, 2025.
💡 Anticipation builds around $TGT's market impact.
As the changes approach, traders will need to evaluate their strategies. Will the introduction of the Tokyo Games Token truly rev up interest, or will the delistings leave a mark on trading dynamics? Only time will bear witness to the unfolding situation.