Survey: Nearly 35% of tokens launched in South Korea in the past seven years have been taken off the shelves
2024-10-23 09:57:54
On October 23rd, a survey by the Korea Financial Supervisory Service revealed that in the past seven years from January 2018 to August 2024, nearly 35% of the virtual assets listed on the top five crypto exchanges in South Korea (Upbit, Bithumb, Coinone, Korbit, and Gopax) have been removed from the shelves. Since the rise of cryptocurrency trading in 2018, the five exchanges have listed a total of 1,482 cryptocurrencies, of which 517 cryptocurrencies have been removed from the shelves. The average lifespan of these virtual assets on the platform is about 748 days, or just over two years. The report also states that 54% of the delisted assets were removed within the first two years after listing.
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