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The original was posted on /r/monero by /u/kayn1k on 2024-02-07 02:19:35.

Guys, so let me get this straight: Binance enlists every shitcoin memecoin and rugpull bullshit they can find, but delists Monero? “The Monero”? Is that the story here?

Binance is a whore of SEC now because they got CZ caged and he’ll do anything to save his skin. They are not only de-listing Monero but at the same time blocking withdrawals which means forcing accounts to sell their Monero instead. It looks like an operation to me rather than a simple de-listing considering that it was already expected months ago. This is a kill attempt similar to what happened to Bitcoin many times in the past.

Monero is not a rugpullcoin, memecoin or shitcoin. Monero is one of the oldest coins out there with a perfect algorithm to protect your privacy. Monero has a perfectly running network for years. Monero is king of privacy and darknet. ZEC, DASH or any other shit doesn’t even come close to it. Monero developers and community have some of the smartest minds on the planet. Monero doesn’t have trillions of coins out there, we have a circulating supply same as bitcoin and every whale I know is keeping a portion of Monero in their portfolio “just in case”.

So then who is selling their Monero at -40% loss compared to yesterday? Well nobody I know is selling. It feels very artificial and it seems like perfect storm for accumulation for someone.

Expect a shitstormy week with high volatility especially until futures are closed on Binance. They still have infinite paper monero. They will blow the shorts at some point with a bounce, but still do not take decisions based on Binance price. Price might also depeg at some point on Binance from reality since it’s not real Monero.

Binance Margin will delist XMR cross-margin and isolated margin pairs on Feb. 16 at 6:00 a.m. (UTC). On Feb. 8 at 10:00 a.m. (UTC), Binance Margin will suspend isolated margin borrowing on XMR isolated margin pairs.

Binance Futures will close all positions and conduct an automatic settlement on the Coin-M XMRUSD Perpetual Contract on Feb. 15 at 9:00 a.m. (UTC).

Meanwhile join the accumulation. If you don’t know where the bounce will come it’s best to DCA and remind yourself of the fundamentals. Last time Monero was $100 bitcoin was $15.500 and we have same circulating supply. This website is a good indicator:

We received a free advertisement today. Their delisting just confirmed how scared SEC are of Monero and how they cannot stop it but try restricting it. Remember how did it go with banning bitcoin in the past?