After Binance announced the upcoming delisting of BAKE, SLF, and HIFI, their prices first dropped sharply and then rebounded within an hour, highlighting extreme market volatility.
Following Binance’s announcement that BAKE, SLF, and HIFI will be delisted on September 17, the tokens showed extreme volatility. Initially, BAKE fell more than 34%, SLF over 33%, and HIFI 18% within 30 minutes, according to HTX data. However, within the following hour, BAKE surged nearly 90% to $0.0894, SLF rose more than 50% to $0.0418, and HIFI gained 28% to $0.0824. BlockBeats cautioned traders about heightened volatility and the associated investment risks.