Binance Bids Farewell to 3 Altcoins: Prices Plummeted

Binance Bids Farewell to 3 Altcoins: Prices Plummeted

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Binance, one of the largest cryptocurrency exchanges, has made a significant decision regarding three altcoins. In an official announcement, the platform stated that it will delist Dego Finance (DEGO), DENT (DENT), and TrueFi (TRU) tokens. Spot trading for these assets will be completely stopped on April 28, 2026, at 06:00 AM Turkish time.

The exchange emphasized that such decisions are made as a result of regular reviews. Projects that do not meet the listing criteria or cannot adapt to market conditions are removed from the platform after a detailed evaluation process. This evaluation considers many factors such as team activities, development process, trading volume, liquidity, community interaction, and regulatory compliance.

Not just spot, but all products are affected

The decision affects not only the spot market but also many products within the Binance ecosystem. The tokens in question will be gradually removed from services such as futures trading, margin, staking, lending, mining, and even Binance Pay. Specifically regarding futures trading, it was stated that positions will be automatically closed and new positions will be prevented as of April 21st.

On the same dates, Binance Earn, Dual Investment, and other passive income products will also end support for these three tokens. Users were urged to close their open positions in advance and transfer their assets to spot accounts to prevent potential losses.

A more complex process will be in place for margin trading. On the specified date, users' positions will be automatically liquidated, and the system will use collateral to cover debts. It was stated that if deemed necessary, other assets may also be sold to cover debts.

Special warning for TRU investors

The announcement also included a separate section specifically concerning TRU investors. It is known that the TrueFi team plans to transition TRU to a new asset called Brila (BRLA) as part of a token conversion. However, Binance has clearly stated that it will not support this conversion. Therefore, TRU holders who wish to carry out the token conversion must do so independently and through the official portal provided by the project. The deadline for this process is stated as May 10, 2026.

There are also significant changes to deposit and withdrawal processes for TRU. After certain dates, transfers made through some networks will no longer be supported. This means that users should pay particular attention to their network selection when making transactions.

Pay attention to deadlines

Binance announced that withdrawal transactions for delisted assets will continue until June 29, 2026. After this date, it was stated that the remaining assets held by users could be converted to stablecoins if deemed appropriate. However, it was specifically emphasized that this conversion is not guaranteed.

How were the coins affected by the development?

DEGO Finance is a Web3 project founded in 2020 that aims to combine NFT and DeFi infrastructure. The project, which transitioned from Ethereum to Binance Smart Chain, aimed to expand to networks such as zkSync, Arbitrum, and Linea over time. However, DEGO was also on the "watch tag" list that Binance applied to nine tokens in March 2026. This label usually indicates a liquidity problem or weak development activity. It's known that the project's documentation hasn't been updated for two years. The coin experienced a 10% drop following the Binance announcement.

DEGOUSDT_2026-04-17_12-22-08.png

DENT is a project founded in 2017 that targets inefficiencies in the global telecommunications market. The idea is that unused mobile data packages can be bought and sold on a blockchain infrastructure; moreover, this would eliminate cross-border roaming fees. In recent years, the project has focused on eSIM technology and DePIN (decentralized physical infrastructure). Its product roadmap includes eSIM-based corporate identity verification and plans to expand into the European market. It is currently trading around $0.00013 and has lost 17% of its value in the last 24 hours.

DENTUSDT_2026-04-17_12-21-24.png

TrueFi (TRU) is a protocol founded in November 2020 that experiments with an unsecured corporate lending model in DeFi. Unlike traditional DeFi platforms, TrueFi chooses to determine creditworthiness through community voting: TRU holders participate in the lending process by voting on the reliability of borrowers. The protocol reached over $900 million in locked value at its peak in 2021; this figure dropped to $20 million during the 2022 crisis. It is currently undergoing a restructuring under the name BRLA. The new token, BRLA, aims to unify governance and institutional lending infrastructure under a single umbrella.

#binance#altcoin#dego finance#dego#dent#truefi
Calendar게시일
2026년 4월 17일
Category카테고리
Reading time읽는 시간
3 분
Author작성자
JrKripto
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