March madness on crypto exchanges: new listings and delistings
At the end of March, many new cryptocurrency listings are scheduled to take place on exchanges. Such events usually result in increased volatility, presenting opportunities for profitable trades.
Delisting of NEO from Dex-Trade
Dex-Trade, a Belize-based CEX exchange, is delisting NEO trading pairs. Users were able to withdraw their NEO coins from the exchange's wallets until March 27. While Dex-Trade hasn't explained why they're delisting NEO, some speculate that the exchange is removing the asset because it doesn't generate any fees when withdrawn. Others think that Dex-Trade views NEO as a risky asset that could decrease liquidity. Interestingly, the asset's price hasn't been affected by the delisting and has even gone up slightly from $12.15 to $12.97.
Listing of Galileo Protocol (LEOX) on the LCX exchange
The native token of the Galileo Protocol, a multi-chain platform focused on asset tokenization through NFTs, has been listed on the LCX exchange based in Liechtenstein. The trading of LEOX started on March 27th.
Listing of FLOKI on BitForex and BigOne
FLOKI, a popular dog-themed token with a market cap of over $715 million and ranked 110th on Coinmarketcap, was listed on the Hong Kong-based CEX exchange BitForex on March 27th. The token was also listed on the BigOne exchange on March 28th. So far, the market's reaction to the listing has been minimal.
The FLOKI/USDT trading pair was listed on BitForex on March 27, 2023
Listing of the Parma fan token on BitMart
On March 27th, the fan token of popular Italian football club "Parma" was listed on the BitMart exchange, with trading starting in the Parma/USDT pair. However, this news didn't seem to have an immediate positive impact on the market, as the price of Parma even slightly dropped from $0.63 to $0.60. Nevertheless, it's worth noting that BitMart has over 9 million users.
The fan token is traded on the BitMart exchange
Listing of AgeOfGods (AOG) on Bitrue
The token of the Age of Gods gaming project is being listed on the Asian exchange Bitrue. The game, which involves upgrading god-like heroes by purchasing more powerful weapons and other upgrades on an NFT marketplace, has gained over 33,000 fans worldwide. The studio that developed the gameplay and NFT collection is known for its collaborations with companies such as Disney, 20th Century Fox, and Warner Brothers Pictures. The release of the AOG token on the new trading platform has been met with a moderately positive response from the market, with its value increasing from $0.017 to $0.019.
Listing of Pancake Games (GCAKE) on Bitget
The native asset of another intelligent NFT gaming platform, Pancake Games, has been listed on the Bitget exchange. This Play2Earn project managed to partner with the well-known Japanese game studio BIGBANG, founded by the former head of Konami, Atsushi Kitagawa, and is now seeking to expand its list of trading platforms. The news has caused the token's value to continue to gradually rise.
Listing of Omchain (OMC) on BitMart
The BitMart exchange has listed the OMC token, which is an asset on the PoA blockchain with support for smart contracts and a significant number of cross-chain bridges to other blockchain platforms. As of March 25th, users can create wallets and deposit funds. Trading in the OMC/USDT pair has started since March 27th. The growing demand for OMC has driven its price up from $0.036 to $0.04.
Listing of assets in the last days of March
On March 28, several tokens were listed on various exchanges: the Gate.io exchange added the PIP token, while the Bybit exchange listed the XCAD Network (XCAD) token, the MEXC exchange listed the Archerswap BOW (BOW) token, and the CEX exchange LBank listed the Metaverse VR (MEVR) asset.
On March 29, the Lingose (LING) token will be listed on the Toobit exchange.
On March 30th, several tokens are scheduled to be listed on various exchanges, including WeSendit (WSI) on DigiFinex, Galeon on BitMart, PalmPay (PALM) on CoinTiger, Plastiks (PLASTIK) on Coinstore, AstroX (ATX) on SuperEx, and MultiVAC (MTV) and Milo Inu (MILO) on BitForex.
