Bybit Decides to Delist 7 Altcoins Suddenly: Prices Plummet

cryptonews.net 17/03/2025 - 21:01 PM

Bybit Delisting Announcement

Cryptocurrency exchange Bybit has announced that it will be delisting several altcoins, namely EVERY, GG, CUSD, BUBBLE, TAVA, PLANET, and IRL. The exchange will remove trading pairs associated with these tokens and cease support for them as assets.

Reasons for Delisting

Although specific reasons for the delisting were not provided, it is noted that the BUBBLE, GG, EVERY, PLANET, and IRL tokens have low market values and have experienced significant declines over time.

Delisting Schedule

The following trading pairs will be removed from Bybit’s Spot platform on March 21, 2025, at 11:00 UTC:
– EVERY/USDT
– GG/USDT
– CUSD/USDT
– BUBBLE/USDT
– TAVA/USDT
– PLANET/USDT
– IRL/USDT

All open orders for these tokens will be automatically canceled.

Important Dates

  • Deposits for the affected tokens will close on March 20, 2025, at 11:00 AM.
  • Withdrawals will remain open until June 20, 2025, at 11:00 AM.

Bybit may convert any remaining balances of these tokens into stablecoins after the withdrawal deadline, although this is not guaranteed. If conversion occurs, the stablecoins will be credited to users’ accounts.

Market Reaction

Following the delisting announcement, price drops were observed in tokens other than CUSD, a stablecoin.

This is not investment advice.




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