Binance, the leading cryptocurrency exchange globally, has made headlines with its recent announcement regarding the delisting of three altcoins: PONKE, SWELL, and QUICK. This decision impacts the futures trading of these tokens, as Binance Futures will officially cease all positions and conduct an automatic swap for the PONKE/USDT, SWELL/USDT, and QUICK/USDT perpetual contracts.
The scheduled delisting is set for 09:00 UTC on November 28, 2025. Prior to this, users will be restricted from opening new positions starting at 08:30 UTC on the same day. Once the swap is executed, these contracts will be removed from Binance”s trading platform.
In the wake of this announcement, market reactions have varied significantly. The price of PONKE experienced a decline, reflecting investor concerns about its future viability following the delisting news. Conversely, both SWELL and QUICK saw substantial price increases, indicating a potential shift in market sentiment or speculative trading behavior. This divergence in price movements illustrates the unpredictable nature of altcoin trading.
Traders and investors should note that such announcements can have immediate and pronounced effects on altcoin markets. The reaction of SWELL and QUICK to the delisting may suggest that traders are seeking to capitalize on perceived opportunities amid the changes, while the drop in PONKE highlights the risks involved in holding positions in assets facing delisting.
As the cryptocurrency landscape continues to evolve, staying informed about exchange policies and market reactions will be crucial for navigating this dynamic environment. Investors are advised to conduct thorough research and consider the implications of delisting on their trading strategies.
