Crypto Carnage: How One Click Made Investors Lose Sleep (And 40% of Their Money)

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Nothing in human existence quite prepares a soul for the merciless indifference of the marketplace, and today, dear reader, it is the scattered remnants of the VIDT crypto that bear such testimony. Binance, that grand palace of coins and sorrows, announced — as if by throw of the dice, or perhaps a bored croupier at the cosmic roulette table — its intentions to cast out the feeble VIDT/BTC trading pair. The result? No less than forty percent of the currency’s value was torn asunder in a day. Ah, if only existential dread moved markets, we would all be infinitely rich (or perhaps remain in an even greater poverty).

What Time Will Binance Throw VIDT Into the Abyss?⏰

On the fifteenth of April, as the church bells tolled and the clock struck 08:30 UTC, Binance issued its judgment with bureaucratic certainty — the VIDT/BTC pair shall suffer the fate of old borscht left in the sun, forgotten and suspiciously fizzing. Their official reasoning, freshly stamped and perfumed with “user safety,” whispered of risk, the sort that gnaws secretly behind velvet curtains while the traders sleep. Poor liquidity, low volume — mere euphemisms for “nobody wants it, and neither do we.”

A committee, faceless as bureaucracy itself, convened for this periodic review, weighed the pair’s worthiness, and found it wanting. They cited poor liquidity and trading volume, as if shocked to find rain in St. Petersburg — and quietly nudged the coin towards oblivion, much as a stern babushka clears the table when the party’s over. Other cryptic “factors” were referenced but, naturally, left for the imagination to suffer over.

Those faithful to VIDT were left to gnash their digital teeth. The delisting was expected on the sixteenth, but Binance, ever eager to sow a little chaos, acted earlier. Traders, caught mid-toast (or perhaps mid-prayer), watched the coin’s price plummet, a comically abrupt confession of the reality beneath crypto optimism.

At press time, VIDT stooped to a pitiful $0.001838. Once soaring at $0.003024, it fell in a manner Dostoevsky might describe as “the financial collapse of a minor bureaucrat contemplating his existential insignificance.” Such volatility is the yeast in the stale bread of crypto, baked daily on exchanges.

Meanwhile, in a dazzling subplot, Binance shed light on OM’s grim fate. Cross-chain liquidations — a phrase so modern, so thoroughly meaningless to the layman — were blamed for Mantra’s 90% collapse on Monday. As is tradition, accusations of rug pulls clung to the air like yesterday’s cabbage. If Dostoevsky were alive, he’d say: “We all have our crosses, but some are traded on Binance.”

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2025-04-15 13:48