New projects are constantly appearing on the digital asset market. With the increasing capitalization of coins and tokens, various cryptocurrency exchanges are listing them — adding them to the list of traded instruments. This event additionally provokes an increase in the exchange rate. But there is also the opposite phenomenon — delisting. The procedure involves closing the opportunity to buy or sell cryptocurrency on the platform, stopping trading. Such a planned event is announced by the exchange in advance. The reaction of its holders is more often the sale of a crypto asset, leading to a fall in its rate. The main reasons for delisting digital assets: Small trading volume. Low level of capitalization of the project. Anonymity. Unreliability. Loss of trust. Regulatory decrees, etc.
After the collapse of Luna, it began to be removed from cryptocurrency exchanges. For example, Binance Futures will delist the LUNA USDT-Margined contract. What will happen next? — it is difficult to imagine, but even if the project survives, it has lost trust forever. Here it is worth remembering that LUNA was a 40 billion TOP project! Therefore, do not keep 1 cryptocurrency in your portfolio, split your portfolio between 5-7 projects. Crypto exchanges reserve the right to suspend trading of any digital asset. The procedure is carried out only after warning traders and investors. The reasons for delisting cryptocurrencies are different, and sometimes they are not called at all. In order not to lose money on investments, you need to study the project, monitor its development, as well as the level of capitalization and diversify and be sure to subscribe to our telegram channel.
The altseason in the cryptocurrency market is a period when cryptocurrencies are growing more actively than bitcoin. Usually this season lasts 1-2 months, and comes after the active growth of bitcoin. The altseason index is the ratio of the capitalization of bitcoin to the capitalization of all other cryptocurrencies. This index is measured by a percentage that ranges from 10 to 100% on average. Watch the altseason index: Blockchaincenter So, to begin with, a few words about altcoins. If you do not go into details, then altcoin is everything that is not bitcoin (all other crypto assets). The entire crypto industry is built on bitcoin. He is the main driving force for the market — his upward impulses push the crypto market to new heights. Join our Telegram channel to keep up to date with the main trends of the crypto market, the fall of bitcoin is rolling the market down. Bitcoin is an important indicator for any cryptoperiod. The market reacts very painfully to any collapse of the cue ball — this is the key to the stability of cryptocurrencies. That is why, when you hear that bitcoin collapsed and lost 7-10% in a day, altcoins most likely sank even more (2-3 times). In addition to the bitcoin price, there is another important indicator — the indicator of dominance. It can be seen on any price tracking platform. For example, on the Blockchaincenter website. The dominance of bitcoin is the share of bitcoin in the total capitalization of the crypto market. For example, if the capitalization of cryptocurrencies is $ 2 trillion, and the capitalization of bitcoin is $ 800 billion, then the capitalization of bitcoin will be 40% of the total market capitalization — this is bitcoin dominance. The above indicators are used to determine the altseason — a period when altcoins grow significantly faster than bitcoin. Often, capital from bitcoin begins to flow into the top 100 altcoins of CoinMarketCap. This is due to the fact that usually most altcoins are more profitable than bitcoin and can show staggering growth figures. It is important to invest in the crypt, which will not disappear in the medium and long term.