CHAT ChatCoin

The supersonic boom of a new coin hitting exchanges is nothing new, yet it prompts the question: are people buying into something they understand, or merely jumping on any old coin when the timing’s right? ChatCoin is another new player on the scene experiencing a price eruption after being listed on Binance.

Binance announced today that it will be delisting CLOAK, MOD, SALT, SUB, and WINGS from its trading platform, citing reasons ranging from “commitment of the team to project” to “fraudulent conduct.” The move comes after the exchange’s removal of BCN, CHAT, ICN, and TRIG last October, and may indicate a broader industry trend.