Leading South Korean cryptocurrency exchanges Upbit and Bithumb will end trading support for Storj (STORJ), ThunderCore (TT), and JasmyCoin (JASMY). The three altcoins will be removed from the platforms on September 14, with TT recording the sharpest price movement following the decision.
ThunderCore was trading at approximately $0.000126 at the time of writing. TT’s 24-hour loss reached 42%, leaving the token just above its all-time low.
JASMY and STORJ recovered most of the losses triggered by the announcement. As a result, the latest price movements across the three altcoins differ considerably.
Upbit and Bithumb will halt trading on September 14
According to Bithumb’s official announcement, trading in STORJ, TT, and JASMY will end at 3:00 p.m. KST on September 14, 2026. The deadline corresponds to 9:00 a.m. Turkey time.
Upbit will close the STORJ/KRW, STORJ/BTC, JASMY/BTC, JASMY/USDT, TT/KRW, and TT/BTC trading pairs on the same date. The exchanges will automatically cancel all open orders once trading support ends.
Both platforms will continue supporting withdrawals until 3:00 p.m. KST on October 14. Bithumb advised users who plan to transfer their assets to another exchange or a personal wallet to complete address verification in advance.
The decision only affects trading pairs available on Upbit and Bithumb. The underlying blockchain networks may continue operating, while other exchanges can make their own independent listing decisions.
TT’s price loss reaches 42%
TT initially fell by approximately 6.6% in the first minutes after the delisting announcements. Selling pressure intensified later in the day, pushing the token’s 24-hour loss to 42%, according to market data.
At approximately $0.000126, TT was trading close to its all-time low of $0.000125. The token has lost nearly 65% over the past seven days, while its market capitalization has fallen to around $1.8 million.
The 24-hour change also covers the period before the announcements. The entire loss therefore cannot be attributed directly to the delisting decision, although the simultaneous action by two major South Korean exchanges added to the existing selling pressure on TT.
JASMY initially dropped 5.25% following the announcements. The token later recovered to approximately $0.00408, bringing its 24-hour performance close to flat.
STORJ also declined by around 2% in the initial reaction before recovering its losses. STORJ was trading near $0.0433 at the time of writing, up 1.6% over the previous 24 hours.
The three projects were previously placed on watchlists
Upbit and Bithumb placed STORJ under a trading warning on July 28. The move came two days after Storj Labs filed for Chapter 11 bankruptcy protection in the United States on July 26.
Storj Labs said its decentralized storage services continued operating despite the restructuring process. Upbit reviewed issues involving the disclosure of material information, the project’s sustainability, and the progress of its operations.
The exchanges added TT and JASMY to their warning lists on July 31. For JASMY, they cited insufficient disclosures regarding developments that could materially affect the token’s value, along with shortcomings in the project’s operations and sustainability.
The TT review focused on concerns related to the project’s operations, token adoption, issuance structure, and circulating supply. Bithumb said the projects failed to resolve the issues behind their warning designations within the review period.
The ThunderCore team previously disputed this assessment. The project maintained that its network and token issuance mechanism were operating normally and said it had informed Upbit and Bithumb about changes to its token economics.
The exchanges proceeded with the delisting despite ThunderCore’s response. JASMY had not issued a new official statement regarding the decision at the time of writing.
