[45197] DRIFT coin in freefall after delisting from leading Korean exchanges
[45197] DRIFT coin in freefall after delisting from leading Korean exchanges
The DRIFT cryptocurrency is recording a sharp 19% drop in its value following the decision of the Upbit and Bithumb exchanges to remove it from spot asset trading.
Turmoil in the crypto market: DRIFT coin delisted from major exchanges
On April 30, 2026, the Futures Trading & Crypto, Bitcoin | Finance | Crypto, and Stocks, Shares, Trading & Crypto channels reported on a dramatic development in the trading of the DRIFT coin. According to the reports, the coin was removed from the list of assets traded on the Upbit Spot exchange, a move that led to a wave of market volatility.
Following the move at Upbit, information sources noted that the Bithumb exchange also took a similar step. Data indicates that following the delisting of the coin from these two central venues, DRIFT recorded a "19% drop" in its value, as reported by Stocks, Shares, Trading & Crypto.
The channels, which report continuously on trading trends and financial news, tracked the event in real time. As of 08:10 (UTC), the sources confirmed the removal of the coin and directed investors to further information on the official Upbit website.
Market participants note that such steps by leading exchanges often constitute a significant risk factor for altcoin investors, as delisting leads almost immediately to a decrease in liquidity and investor confidence in the asset in question.