Binance To Delist FTX With 16 Other Altcoins? Vote Sparks Delisting Fears

Binance, the world’s largest cryptocurrency exchange, has recently wrapped up the second round of its “Vote to Delist” campaign, stirring concerns across the crypto market. This campaign allows users to vote on whether certain altcoins should stay listed on the platform. While the voting doesn’t directly decide the outcome, it serves as a strong signal to Binance’s internal review team. 

The results, however, have raised alarm bells for 17 altcoins, including the once-prominent FTX Token (FTT), which now faces the real risk of being delisted.

On top of the list is FTT, the native token of the collapsed FTX exchange, which received the most votes for potential delisting, securing 11.1% of the total. The token has been under heavy scrutiny since FTX’s downfall in November 2022 and has continued to trend downward in 2025. Its price has dropped by 4.1% in the last 24 hours and is currently trading at $0.81. 

Binance clarified that although the vote is important, it will not be the only factor in deciding whether a token will be removed. The final decision will be based on the exchange’s internal review standards, which assess volatility, activity, and overall risk.

More Altcoins Under Pressure

FTT isn’t alone. Zcash (ZEC) and JasmyCoin (JASMY) also received 8.6% of the votes each, followed by GoPlus Security (GPS) with 8.2% and PlayDapp (PDA) with 7.6%. Others in the danger zone include Voxies (VOXEL), Alpaca Finance (ALPACA), STP Network (STPT), and Flamingo Finance (FLM), all of which received significant votes and also saw price drops following the campaign. JASMY and STPT led the decline, both slipping nearly 6%.

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Although Binance has stressed that no final decisions have been made, the voting patterns suggest the community is growing cautious about certain tokens. The list also includes ARK, Biswap (BSW), MovieBloc (MBL), Wing Finance (WING), Ardor (ARDR), Perpetual Protocol (PERP), NKN, and LTO Network, all of which received smaller but notable shares of the vote.

As the crypto space becomes more community-driven, these votes offer insight into shifting user confidence. While the outcome is yet to be announced, the affected projects may face serious challenges ahead.