Binance's decision to delist Serum (SRM), Sonm (SNM) and DFI.Money has prompted the tokens to tank 25%, 51% and 65% respectively.
The Securities and Exchange Commission (SEC) reportedly asked Coinbase to delist every token other than Bitcoin before it sued the crypto exchange last month.
Stargate Finance's native token STG tanked more than 9% today after Coinbase announced that it would delist it on 14 March 2023.
Coinbase it set to delist XRP, ETX, XLM and BCH on 5 December 2022. Low usage has been cited as the reason for this move.