Post
Topic
Board Altcoin Discussion
Re: Monero get delisted, again
by
coinfinger
on 12/04/2020, 11:20:08 UTC
Monero get delisted once again because of low trading volume and anonymity functions on Houbi Korea exchange, why is this happening? Are people getting tired of privacy coin? Xmr is one of the top coins, what's your take about this?

https://cointelegraph.com/news/huobi-korea-delists-xmr-amid-nth-room-sexual-exploitation-case-rumors/amp
There will be no surprises for me. At this time we are having multiple privacy oriented coins in the market and GRIN must be one of the highly emerging privacy coin right now. Exchanges are not bothering about whether a coin is good or bad or highly reputed or not but only daily volume. A new coin is failing to meet their required criteria for keep listing, they will simply follow their predefined protocols.

Let's now check about the future of monero. It was one of the highly preferred coin for those crypto enthusiasts who value their privacy the most. But, suddenly there are similar coins with features like unable to trace the payments kind of coins poped up which made people to adopt many other coins instead of only monero.

There will be no wonder even etherum will get delisted someday from some exchanges for the reason of low volume because we are seeing a lot of new dapp based coins are coming up into the market just to compete against ethereum which may lead to anything in the future. Get ready for that Wink.