{"id":50864,"date":"2025-04-17T09:21:56","date_gmt":"2025-04-17T09:21:56","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ftt-leads-binance-delisting-vote-with-11-1-of-community-support\/"},"modified":"2025-04-17T09:21:56","modified_gmt":"2025-04-17T09:21:56","slug":"ftt-leads-binance-delisting-vote-with-11-1-of-community-support","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ftt-leads-binance-delisting-vote-with-11-1-of-community-support\/","title":{"rendered":"FTT leads Binance delisting vote with 11.1% of community support"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li>Voting ran from April 10 to April 16, 2025.<\/li>\n<li>ZEC and JASMY followed with 8.6% of the votes each.<\/li>\n<li>Binance says votes won&rsquo;t be sole factor for delisting.<\/li>\n<\/ul>\n<p class=\"\" data-start=\"146\" data-end=\"719\">FTT, the native token of collapsed exchange FTX, is facing renewed pressure as it topped Binance&rsquo;s second &ldquo;Vote to Delist&rdquo; round with 11.1% of the community votes.<\/p>\n<p class=\"\" data-start=\"146\" data-end=\"719\">The vote, which ran from April 10 to April 16, 2025, forms part of Binance&rsquo;s broader governance programme, allowing users to weigh in on tokens marked with a Monitoring Tag.<\/p>\n<p class=\"\" data-start=\"146\" data-end=\"719\">These tokens are deemed to carry greater risk or volatility, prompting deeper internal evaluations by Binance. While voting results alone do not determine delistings, they significantly influence the exchange&rsquo;s decision-making process.<\/p>\n<p class=\"\" data-start=\"721\" data-end=\"1073\">The token has seen persistent downward momentum since the beginning of the year, and its association with FTX&rsquo;s collapse in November 2022 continues to cloud investor confidence.<\/p>\n<p class=\"\" data-start=\"721\" data-end=\"1073\">At the time of writing, FTT was trading at $0.80, down 4.1% in the past 24 hours, with its latest decline echoing sentiment-driven selloffs seen in the first round of voting.<\/p>\n<p data-start=\"721\" data-end=\"1073\"><\/p>\n<p data-start=\"1075\" data-end=\"1134\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/ftx-token\/\">CoinMarketCap<\/a><\/p>\n<h2 class=\"\" data-start=\"1075\" data-end=\"1134\">Binance expands governance tools<\/h2>\n<p class=\"\" data-start=\"1136\" data-end=\"1526\">Binance&rsquo;s &ldquo;Vote to Delist&rdquo; initiative is aimed at improving transparency and strengthening user participation in governance. It targets assets flagged with Monitoring Tags, typically due to liquidity concerns, regulatory risks, or large price swings.<\/p>\n<p class=\"\" data-start=\"1136\" data-end=\"1526\">Although community sentiment plays a key role, Binance has clarified that delisting decisions are not solely determined by voting outcomes.<\/p>\n<p class=\"\" data-start=\"1528\" data-end=\"1823\">&ldquo;The voting result will not be the sole deciding factor to determine the final delisting decision,&rdquo; Binance stated on its Square platform.<\/p>\n<p class=\"\" data-start=\"1528\" data-end=\"1823\">The review process will also consider internal metrics and compliance standards, and any final decision may be delayed depending on procedural requirements.<\/p>\n<p class=\"\" data-start=\"1825\" data-end=\"2013\">FTT&rsquo;s leading position among 17 tokens included in the second voting round suggests a strong community preference for removal, reinforcing the market&rsquo;s wariness of its long-term viability.<\/p>\n<h2 class=\"\" data-start=\"2015\" data-end=\"2082\">Altcoins face price drops, delisting risk<\/h2>\n<p class=\"\" data-start=\"2084\" data-end=\"2501\">Other tokens also registered notable levels of concern. Zcash (ZEC) and JasmyCoin (JASMY) each received 8.6% of the votes, reflecting increasing user doubt despite their historical popularity.<\/p>\n<p class=\"\" data-start=\"2084\" data-end=\"2501\">GoPlus Security (GPS) followed with 8.2%, while PlayDapp (PDA) came in at 7.6%. Voxies (VOXEL), Alpaca Finance (ALPACA), and STP Network (STPT) also featured prominently, with 7.1%, 6.3%, and 5.9% of the votes, respectively.<\/p>\n<p class=\"\" data-start=\"2503\" data-end=\"2804\">Price data shows these tokens have begun to react to the voting results. JASMY and STPT both dropped around 6% over the past 24 hours, with several other coins showing more modest declines.<\/p>\n<p class=\"\" data-start=\"2503\" data-end=\"2804\">For instance, VOXEL, PDA, and ALPACA all posted red candles, suggesting investor anxiety may extend beyond FTT.<\/p>\n<p class=\"\" data-start=\"2806\" data-end=\"3142\">Also included on the list were Flamingo Finance (FLM) with 4.3%, ARK (5.8%), Biswap (BSW) with 5.5%, and MovieBloc (MBL) at 4.2%.<\/p>\n<p class=\"\" data-start=\"2806\" data-end=\"3142\">Smaller vote shares were seen for Wing Finance (WING) at 3.8%, Ardor (ARDR) at 3.6%, and Perpetual Protocol (PERP) at 3.4%. NKN and LTO Network closed the list with 3.2% and 2.9% of the votes, respectively.<\/p>\n<h2 class=\"\" data-start=\"3144\" data-end=\"3191\">Market awaits Binance decision on FTT<\/h2>\n<p class=\"\" data-start=\"3193\" data-end=\"3520\">While Binance&rsquo;s final delisting decisions are pending, the data signals a clear community trend away from tokens viewed as unstable or compromised.<\/p>\n<p class=\"\" data-start=\"3193\" data-end=\"3520\">Market participants are expected to monitor Binance&rsquo;s review process closely, particularly for tokens like FTT and JASMY, which continue to attract regulatory and public scrutiny.<\/p>\n<p class=\"\" data-start=\"3522\" data-end=\"3795\">The exchange has not announced a firm delisting timeline and reiterated that internal reviews are still in progress.<\/p>\n<p class=\"\" data-start=\"3522\" data-end=\"3795\">However, the market impact has already materialised, with sharp short-term price declines and trading volumes showing volatility across the affected tokens.<\/p>\n<p class=\"\" data-start=\"3797\" data-end=\"3985\">With this round of votes concluded, Binance&rsquo;s next steps could set a precedent for how much influence community feedback will hold in shaping the platform&rsquo;s asset offerings moving forward.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/ftt-leads-binance-delisting-vote-with-11-1-of-community-support\/\">FTT leads Binance delisting vote with 11.1% of community support<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/ftt-leads-binance-delisting-vote-with-11-1-of-community-support\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Voting ran from April 10 to April 16, 2025. ZEC and JASMY followed with 8.6% of the votes each. Binance says votes won&rsquo;t be sole factor for delisting. FTT, the native token of collapsed exchange FTX, is facing renewed pressure as [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":50865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50864"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50864"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50865"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}