The altcoin that Binance will delist has surged 500%: What's happening?

robot
Abstract generation in progress

BakerySwap, which is one of the decentralized exchanges operating on the BNB Chain and was particularly talked about due to its rise in 2021, showed a very sharp price rise today. The price increased by nearly 500% and reached $0.20.

As you may remember, the Binance exchange announced last week that it would delist HIFI and SLF along with BAKE from the platform on September 17.

Following this explanation, declines were observed in 3 coins. BAKE had fallen from $0.08 to $0.03 after the “delist” announcement made on September 2nd last week.

The number has increased recently.

However, today BAKE rose sharply in an unexpected way and reached $0.20. In fact, this situation has started to be seen increasingly in recent times.

Just as the coins that Binance exchange announced for listing would rise sharply, those that they announced for “delist” would fall just as sharply. However, in recent years, some coins, despite the announcement of being delisted, would explode, leaving users in a twist.

Here, BAKE has become the latest example of this. The token had also risen above 8 dollars in 2021 and reached historic levels.

Published: September 10, 2025 15:02Last Updated: September 10, 2025 15:11

IN-0,79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)