Panic on Binance: Four tokens crashed to historical lows after the delisting announcement
The cryptocurrency market has been shaken once again by news of a major cleanup on Binance. The world's largest exchange announced the delisting of four tokens at once, and investors' reactions were immediate: three of the four assets instantly hit new all-time lows.
Binance will delist Alchemix (ALCX), Ardor (ARDR), NFPrompt (NFP), and Marlin (POND) starting July 10, 2026. The decision was based on the results of a routine audit, during which liquidity, compliance, and the overall state of the projects were assessed. For traders, this served as a signal to exit positions immediately.
Mass sell-off and price collapse
The hardest hit were the smaller tokens. NFPrompt and Marlin lost about 20% of their value within hours of the announcement. Alchemix showed a similar trend, while Ardor, though holding up slightly better, still dropped by 6%. Low trading activity in these pairs only worsened the situation, leaving buyers with no chance to stem the sellers' pressure.
As of the analysis, the situation looks as follows: Alchemix is trading at $2.67, NFPrompt at around $0.0054, and Marlin at approximately $0.0011. All four tokens have lost over 30% of their value in the past month. Meanwhile, ALCX, NFP, and POND have hit new all-time lows, with only Ardor narrowly avoiding a new record low.
Why is Binance "culling" these assets?
Binance regularly reviews its listings, assessing trading volumes, network security, team activity, and regulatory compliance. For the exchange, these four tokens have become too illiquid and risky: each is trading more than 98% below its all-time high and has been causing losses for holders over the past year.
NFPrompt deserves special attention. Launched through Binance's own Launchpool platform in December 2023, it soared to $1.17 on its first trading day. However, the token subsequently lost nearly 99% of its value, making its delisting a predictable, albeit sad, outcome.
Spot trading of ALCX, ARDR, NFP, and POND will cease on July 10, and withdrawals will be possible until September 9. Earlier, on July 2, Binance Futures had already closed perpetual contracts related to these assets.
Analyst's opinion: Such cleanups are a standard procedure for major exchanges aiming to maintain listing quality. However, for holders of these tokens, it is always a painful blow. In the coming weeks, we will likely see increased pressure on these assets, and investors should hurry to withdraw their funds. History shows that attempts to "ride out" a delisting on Binance rarely end successfully.