Biswap Defies Binance Delisting with Explosive Rally—New Roadmap Fuels 120% Rebound
Just when the crypto vultures started circling, Biswap pulled off a Lazarus act. The DEX token—recently axed from Binance—just mooned 120% on its new roadmap reveal. Talk about failing upwards.
The comeback playbook
No exchange listing? No problem. Biswap's team dropped a aggressive three-phase plan targeting cross-chain swaps and leveraged yield farming. Suddenly, being kicked off the big kids' table looks like a blessing in disguise.
Market mechanics at work
Traders piled in as circulating supply tightened—classic post-delisting volatility meets genuine protocol progress. The rebound even outperformed BNB's weekly gains. Ironic, given the whole Binance breakup.
Finance's funhouse mirror
Nothing boosts a crypto's credibility like getting rejected by a centralized exchange. Biswap's pump proves yet again that in DeFi, bad news is just good news in a bear costume.
Why Binance delisted Biswap
Binance periodically reviews tokens on its platform to ensure they meet the standards for listing. The exchange considers factors such as regulatory compliance, trading volume and liquidity, security, team commitment, and ownership structure. Binance did not explicitly state why it delisted Biswap or the other tokens. However, the announcement suggests that it failed to meet one or more of these criteria.
Biswap launched in 2021 as a decentralized exchange on the BNB Chain. It allows users to swap tokens, earn yield by providing liquidity, and stake crypto rewards. The token peaked in December 2021 at $2.13 and has since lost nearly 99% of its value.
Since launch, Biswap has faced criticism over the security of its protocol and centralization concerns. In June 2021, Valix Consulting discovered a critical exploit in its code that allowed an attacker to mint unlimited BSW tokens via the exchange. Biswap patched the vulnerability afterward.
