Published on April 19th, 2017 | by bitcoin0
Cryptocurrency exchange Poloniex has announced it is delisting a record 17 altcoins effective May 2.
While the majority of coins have a relatively small user base and propagation, the results of the decision were palpable across all 17.
Dips in value, some severe, accompanied a storm of protest on Twitter as both users and developers sort an explanation from Poloniex, which has so far not been given.
— Boolberry (@BoolberryBBR) April 19, 2017
Altcoins across the board have seen turbulent times over the past months.
Many of the assets due to disappear from Poloniex – for example, ShadowCash – are no exception.