BitcoinWorld Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market South Korean cryptocurrency exchange Upbit has made the shocking decision to delist Rally (RLY) on December 22, sending ripples through the crypto community. This major development comes after the exchange identified serious concerns about the token’s long-term viability. If you’re holding RLY or considering cryptocurrency investments, this news demands your immediate attention. Why Did Upbit […] This post Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market first appeared on BitcoinWorld.BitcoinWorld Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market South Korean cryptocurrency exchange Upbit has made the shocking decision to delist Rally (RLY) on December 22, sending ripples through the crypto community. This major development comes after the exchange identified serious concerns about the token’s long-term viability. If you’re holding RLY or considering cryptocurrency investments, this news demands your immediate attention. Why Did Upbit […] This post Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market first appeared on BitcoinWorld.

Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market

Upbit delists RLY cryptocurrency from exchange platform illustration

BitcoinWorld

Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market

South Korean cryptocurrency exchange Upbit has made the shocking decision to delist Rally (RLY) on December 22, sending ripples through the crypto community. This major development comes after the exchange identified serious concerns about the token’s long-term viability. If you’re holding RLY or considering cryptocurrency investments, this news demands your immediate attention.

Why Did Upbit Delist RLY?

Upbit conducted a thorough review of Rally and found multiple red flags. The exchange specifically cited concerns about business viability, sustainability issues, and inadequate public disclosures. These factors ultimately led to the decision that keeping RLY listed could potentially harm users. The Upbit delists RLY announcement follows the token’s placement on the delisting watchlist back on November 7.

What Does This Mean for RLY Holders?

If you currently hold RLY on Upbit, you need to take immediate action. The delisting process begins at 6:00 AM UTC on December 22. After this deadline, you won’t be able to trade RLY on the platform. Here’s what you should do:

  • Withdraw your RLY tokens to a private wallet
  • Consider selling before the delisting date
  • Research alternative exchanges that still support RLY
  • Monitor the token’s price movement carefully

Understanding Upbit’s Delisting Criteria

Upbit maintains strict standards for all listed cryptocurrencies. When projects fail to meet these standards, the exchange takes protective measures. The key evaluation areas include:

  • Business viability and sustainability
  • Trading volume and adoption rates
  • Quality and frequency of public disclosures
  • Project development progress
  • Community engagement levels

How Can Investors Protect Themselves?

The Upbit delists RLY situation serves as an important reminder for all cryptocurrency investors. Always conduct thorough research before investing in any digital asset. Diversify your portfolio to minimize risk from individual token delistings. Stay informed about exchange announcements and regularly monitor your investments.

What’s Next for Rally?

While Upbit delists RLY, the token may continue trading on other exchanges. However, losing support from a major exchange like Upbit typically impacts a project’s credibility and liquidity. The Rally team now faces increased pressure to address the concerns raised and demonstrate their project’s long-term value.

The decision to Upbit delists RLY highlights the importance of exchange due diligence in the cryptocurrency space. This development serves as a crucial lesson about the risks involved in digital asset investments and the need for continuous project evaluation.

Frequently Asked Questions

When exactly will Upbit delist RLY?

Upbit will delist RLY at 6:00 AM UTC on December 22, 2023.

What should I do with my RLY tokens on Upbit?

You should withdraw your RLY tokens to a private wallet or sell them before the delisting date.

Will RLY still be available on other exchanges?

Yes, RLY may continue trading on other cryptocurrency exchanges that haven’t delisted the token.

Why did Upbit decide to delist RLY?

Upbit cited concerns about business viability, sustainability, trading status, and public disclosures.

Can RLY be relisted on Upbit in the future?

While possible, relisting would require the project to address all concerns and meet Upbit’s listing criteria.

How will this affect RLY’s price?

Delisting typically puts downward pressure on price due to reduced liquidity and investor confidence.

Found this information crucial for your crypto investment decisions? Help other investors stay informed by sharing this article on your social media platforms. Your shares could prevent someone from unexpected losses!

To learn more about the latest cryptocurrency trends, explore our article on key developments shaping digital asset regulations and exchange policies.

This post Upbit Delists RLY: Critical December 22 Removal Shakes Crypto Market first appeared on BitcoinWorld.

Piyasa Fırsatı
Rally Logosu
Rally Fiyatı(RLY)
$0.00011
$0.00011$0.00011
-9.24%
USD
Rally (RLY) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Why the Testing Method Developers Prefer Is Rarely Ever the One That Finds the Most Bugs

Why the Testing Method Developers Prefer Is Rarely Ever the One That Finds the Most Bugs

A replicated controlled study confirms that developers’ perceptions, preferences, and opinions about software testing techniques do not reliably predict actual
Paylaş
Hackernoon2025/12/18 05:00
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Paylaş
BitcoinEthereumNews2025/09/18 00:56
MoonPay and Exodus Partner to Launch USD-Backed Stablecoin for Payments

MoonPay and Exodus Partner to Launch USD-Backed Stablecoin for Payments

TLDR MoonPay and Exodus will launch a USD-backed stablecoin for easy daily payments. The stablecoin will be available via Exodus Pay for global use and self-custody
Paylaş
Coincentral2025/12/18 08:42