Bithumb and Coinone to Delist Dvision (DVI) — Withdraw by Dec 29
South Korea’s major exchanges Bithumb and Coinone announced they will delist Dvision (DVI), removing DVI trading pairs effective 06:00 UTC on December 29. Both exchanges said the project failed exchange reviews, citing insufficient disclosures, questionable business viability, unclear sustainability metrics and failure to meet continued listing criteria. Trading of DVI on these platforms will cease; holders must withdraw tokens before the delisting deadline or lose on-exchange access. Exchanges typically base delisting decisions on technical development, community engagement, regulatory compliance, liquidity and transparency — all areas highlighted in this case. The delisting does not necessarily end DVI’s existence: relisting is possible if the project remedies exchange concerns, and trading may continue on other platforms. Traders should act immediately: withdraw tokens to compatible wallets (ERC-20 or as per project guidance), research alternative exchanges that still list DVI, reassess position size and risk tolerance, and monitor official project updates. Expected short-term effects include reduced liquidity and selling pressure on DVI; medium-term outcomes depend on the team response and any new listings. This is not investment advice.
Bearish
Exchange delistings typically exert negative pressure on a token’s price and liquidity. Bithumb and Coinone are leading Korean exchanges with sizable order books; removal of DVI trading pairs by two major venues reduces immediate on‑exchange liquidity and access for a large regional user base, increasing selling pressure and widening bid-ask spreads. The cited reasons — inadequate disclosures, questionable viability and failure to meet continued listing criteria — also raise confidence and due-diligence concerns among traders and institutional participants, amplifying risk aversion. Historically, tokens delisted from major exchanges (absent an immediate remediation plan or clear positive catalyst) often suffer sharp short-term declines and reduced market depth. Short term: heightened volatility, likely price decline, and faster withdrawals. Medium/long term: outlook depends on project remediation, relisting prospects, and migration to other exchanges; successful fixes and new listings can restore some value, but reputational damage may limit recovery. Traders should reduce exposure, secure on-exchange holdings to private wallets, and watch for official team statements and potential relisting announcements before increasing positions.