Coinbase, one of the largest centralized cryptocurrency exchanges, triggered the collapse for this altcoin with its delist decision in the past few minutes.
This altcoin crashed with Coinbase delist news
Recently, Coinbase announced that it will terminate transactions for the altcoin named Nest Protocol V1 (NEST). According to the official announcement, “You will continue to have access to your NEST and you will continue to have the pull service at any time.”
The Delist decision was within the scope of the altcoin project’s transition from V1 to V2. However, the delist announcement attracted massive sales within minutes…
As previously announced, we have disabled trading for Nest Protocol V1 (NEST). Your NEST will remain accessible to you, and you will continue to have the ability to withdraw at any time. https://t.co/JorMcpa6DQ
— Coinbase Assets 🛡️ (@CoinbaseAssets) September 5, 2023
The NEST price dropped 5% minutes after the announcement. Sales continue at the time of writing. Coinbase delist announcement quickly got a reaction from sellers…
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