The effect of a delist by destinysaid

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· @destinysaid ·
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The effect of a delist
![IMG-20190510-WA0008.jpg](https://cdn.steemitimages.com/DQmYyyiT2HEE21kGGd4uX9uA5G1V1ymba1Khx9RrTKn4Rno/IMG-20190510-WA0008.jpg)
Over time bittrex, one of the top tier and most respected exchanges out there has amassed a long list of crypto coins, some of which I didn't even know existed.

Just as quickly as they amass though, they also delist coins which fail to deliver and move forward.

Some time back, I noticed that whenever there was a delisting news on binance, for some odd reason, the coins always pumped hard before the delist date.

This may have started with one coin and the mob mentality entered and basically made it the culture of binance.

But on bittrex, the true situation shows.

Any coin delisted on bittrex tanks hard for some reason, which is mostly the fact that holders are trying to release their bags.

A few days ago, bittrex announced the delisting of some coins, including CANN and DOPE and so far, a 60% last as have been posted on both coins .

It's interesting to note the different cultures and token economy in different exchanges.

In some cases, a news of delisting does not affect the coin St all, this could be in a case where the exchange simply isn't a strong one or the coin is in so many strong exchange that it doesn't really have much effect if one particular exchange delists it or not.
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