OKX Exchange to Delist 17 Trading Pairs
The leading cryptocurrency exchange, OKX, has announced that it will remove 17 spot trading pairs from its platform by the end of October. The delisting will occur in two phases, with the first phase scheduled for October 27 and involving six trading pairs. Three days later, OKX will remove the remaining eleven pairs.
The exchange did not provide a specific reason for the delisting but stated that it regularly reviews the performance and listing qualifications of trading pairs. Users are advised to cancel any open orders related to these pairs before the delisting dates.
XRP Remains Strong Despite Delisting
Despite being part of the delisting spree, XRP’s price has continued to rise and recently reached a two-month peak of around $0.58. Some analysts believe that this upward trend could be the start of a further rally. Twitter user “Dark Defender” even predicts that XRP could reach $0.66 in the near future.
Hot Take: OKX Delists Trading Pairs While XRP Soars
OKX’s decision to remove 17 trading pairs from its platform may have raised questions among crypto enthusiasts. However, this move seems to have had little impact on XRP, as its price continues to surge. Despite being delisted, XRP has reached a two-month high and shows potential for further growth. This demonstrates the resilience and market demand for XRP, despite regulatory challenges faced by Ripple Labs. As the cryptocurrency market enters Q4 2023, all eyes will be on XRP to see if it can maintain its bullish momentum and surpass its recent highs.
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