Binance, one of the leading cryptocurrency trading platforms, has decided to delist four virtual coins - Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN), and Triggers (TRIG) - as they do not meet the exchange quality standards, the company said on Tuesday.
Binance published the delisting announcement several minutes after 07:15 UTC, causing an immediate price decline for all four coins. Triggers and ChatCoin reacted with the largest drop, plunging by about 30% each an hour after the news became public. Bytecoin lost around 20%, while Iconomi was down by more than 10% at that point.