Delist Drama: Why Binance Is Removing These 14 Tokens on April 16

Binance has just announced the first batch of ‘delist to vote’ results. Based on these results, a total of 14 tokens will be delisted on April 16th.

Community Voting on Token Removals

Binance started a new program called “Vote to Delist.” This lets users help decide which tokens should be removed from the exchange. The goal is to be more open about how Binance manages tokens and to listen to what users think.

The voting system targets tokens with a “Monitoring Tag.” These are tokens that might have problems like low trading activity or less development work happening. Voting started on March 21, 2025, and ended on March 27, 2025. During this week, users could vote against up to five projects they thought should be removed.

To vote, users needed to have a verified Binance account and at least 0.01 BNB in their balance throughout the voting period. Each user could vote once per project.

The vote saw 24,141 people participate, with a total of 103,942 votes cast. After reviewing these votes and applying their own criteria, like team activity, development progress, trading volume, and following regulations – Binance decided to remove these 14 tokens on April 16, 2025:

  • Badger DAO (BADGER)
  • Balancer (BAL)
  • Beta Finance (BETA)
  • Cream Finance (CREAM)
  • Cortex (CTXC)
  • aelf (ELF)
  • Firo (FIRO)
  • Kava Lend (HARD)
  • NULS (NULS)
  • Prosper (PROS)
  • Status (SNT)
  • TROY (TROY)
  • UniLend (UFT)
  • VIDT DAO (VIDT)

This shows that Binance wants to keep its standards high while also involving users in decisions. If you hold any of these tokens, you should make plans before April 16, perhaps by withdrawing or trading them.

Read also: The First-Ever XRP ETF Is Here… and It’s Already on Steroids

Price Drops Follow the Announcement

After Binance announced the delistings, prices fell sharply for many of the affected tokens.

Cream Finance (CREAM) was hit the hardest. Its price dropped by more than half, 54.38%, falling from $4.32 to just $1.77 in one day. Firo (FIRO) also took a big hit since the price dropped by about 46.68% from its high of $0.80 down to $0.38.

Balancer (BAL) lost nearly a quarter of its value, with a 24.11% decrease from $1.12 to $0.77. Badger DAO (BADGER) fell by 19.85%, going from $1.16 to $0.87. Status (SNT) had a smaller but still big drop of 14.15%, moving from $0.02 to around $0.016.

These big price movements show how quickly the market reacts to delisting news. Traders are rushing to adjust their holdings before the April 16 deadline when these tokens will no longer be available on Binance.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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