Whereas the ups and downs in Bitcoin (BTC), Ethereum (ETH) and altcoins proceed, one altcoin attracted consideration with its huge rise.
At this level, the altcoin named Strike (STRIKE), which shall be delisted on Upbit and Bithumb, elevated regardless of ready to be delisted.
Accordingly, STRIKE gained 240% in worth within the final two days.
South Korea’s largest cryptocurrency exchanges Upbit and Bithumb introduced that they may delist the STRIKE token on August 21, 2023, citing liquidity and regulatory issues.
Whereas the delist announcement often brings massive drops within the costs of the related altcoins, the alternative occurred for STRIKE.
This case was described as just like a “inventory market exit wave,” the place the worth rises earlier than the delisting. Due to this fact, consultants suggested traders to be cautious concerning the STRIKE value.
*This isn’t funding recommendation.
