2025-12-28 07:22:55

Today, the exchange's coin adjustments are once again showing new tricks. A leading exchange announced at 8:00 AM UTC on December 26 that it would delist the FXS/USDT perpetual contract and the FXS/EUR trading pair. Then, on December 29, it will also delist the FXS/USDT spot trading. On the same day, Korean exchanges Upbit and Bithumb took a different approach—they launched multiple ZKP trading pairs. Meanwhile, the same top-tier exchange also added a new BRL1 trading pair for the Brazilian real.

This pattern of cutting coins while launching new ones is quite common. As the governance token of the Frax project, FXS's popularity has indeed cooled down, with trading volume shrinking significantly. It’s normal for exchanges to clean up such low-liquidity assets. The launch strategies for ZKP and BRL1 are completely different—ZKP clearly targets the potential of the Korean market, while BRL1 is focused on localizing for Brazilian users.

New coins often experience a wave of hype and volatility right after launch, but whether this enthusiasm can translate into real value is anyone’s guess. FXS’s experience serves as a reminder: no matter how glamorous a project seems, without sustained trading activity and ecological support, it will ultimately be phased out by the market. The crypto world is so ruthless—you have to run faster than the rate at which liquidity dries up.

ZKP-12,59%

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GateUser-e19e9c10

· 5h ago

FXS has truly been ruthlessly educated this time. The once star coin has painfully fallen to the point of being delisted.

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LuckyBlindCat

· 8h ago

Another day, another pattern. FXS was cut again, and now we have to watch ZKP take off. Liquidity truly is king.

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GasDevourer

· 22h ago

FXS is really done for now. It was so popular back then, and now it's just cut down like this... Exchanges are the reality.

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AirdropHunterWang

· 12-28 07:53

FXS is done again, I'm already tired of this coin. Really, once liquidity dies, there's no turning back. ZKP surges and crashes, beware of getting chopped. BRL1 localization? Just a gimmick, we'll see how it goes later. Exchanges just play this game, delisting bad coins and listing new ones, taking turns to cut. Basically, it's about who can run faster; if you run slow, you're the bag holder. This market is too realistic, buddy.

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ZenZKPlayer

· 12-28 07:46

FXS is really going to be broke now; liquidity dried up and it was immediately kicked out.

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CafeMinor

· 12-28 07:44

FXS is gone just like that, should have cut it earlier, trading volume has been dead for a while. Can ZKP become popular this time? I'm a bit skeptical. The crypto world is just a big arena; if you can't run fast, you're out. The localization of BRL1 is pretty good; it depends on whether anyone will buy it later. Another round of reshuffling, those who can't hold on will have to get off. No matter how hot the trend is, without liquidity it's all pointless. Frax has learned its lesson this time. The exchange's moves are purely profit-driven, clearing out low-liquidity tokens and launching new concept tokens. I see through all the tricks. Is ZKP just to harvest retail investors? We need to see if there's real demand backing it. FXS is cooling off, who’s next? It feels like many tokens are on the brink. This is the reality of Web3—without sustained hype, it’s bound to die. Harsh but true.

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HodlVeteran

· 12-28 07:38

FXS delisting speed is faster than the rebound decline I experienced when I bottomed out... The retail investors are always the ones being harvested; projects that are hyped today will become trash coins tomorrow. At least I have learned a lesson to pass down. Thinking of going all-in when a new coin launches? Bro, I advise you to play it safe. Behind the shiny surface of ZKP and BRL1 is the next FXS. The true end of the world is when liquidity dries up. Exchanges keep cutting and launching new coins, essentially eliminating the bagholders. Coins with no trading volume, no matter how good-looking, will have to be gone. Over the years, I’ve learned how to survive in this kind of routine.

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TrustMeBro

· 12-28 07:34

FXS has truly been thoroughly taught a lesson this time. Liquidity dried up completely, and exchanges cut it off just like that.

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TommyTeacher1

· 12-28 07:27

Here comes a new way to cut leeks again, FXS is directly cut to the bottom, ZKP and BRL1 are about to perform the harvest script again.

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StableGeniusDegen

· 12-28 07:23

FXS is really done for now; with no liquidity, exchanges are leaving. It seems that coins without popularity can't survive for long.