Bithumb Dey Warn MixMarvel (MIX), Stop Deposits
Bithumb don put MixMarvel (MIX) for their trading warning lane. Dem do am after the project change how the token dey work but dem no tell people the big changes wey fit affect value. From August 18, 17:00 KST, the exchange stop people from putting MIX inside. Bithumb go decide for early September if dem go extend the stop, remove the warning, or comot MIX from trading. If MixMarvel fix the matter of telling people, the exchange fit remove the warning. Traders suppose dey watch this stop on deposits. This decision show how the exchange dey manage risk and why e important to dey open and clear about token governance.
Bearish
Bithumb dem decision to flag MixMarvel and stop deposits na mean say risk don high well well and e dey make traders lose confidence. Similar tins like when exchanges dem remove tokens afta e dey project change wey dem no inform, e don dey cause sharp price fall before. For short time, MIX holders fit get pressure to sell cos of uncertainty and less liquidity. For longer time, the project gats improve transparency and governance make e fit get exchange support back. Overall, the stop of deposit and warning for trading dey cause bad market feeling and fit reduce MIX trading activities till dem clear tins well.