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3 Altcoins Decline as Binance Flags Delisting Risk

MDT (MDT), the native token of the decentralized data exchange platform Measurable Data, jumped nearly 170% on July 25. Could the token be gearing up for further gains?

Summary

MDT surged nearly 170% on July 25, reaching a six-month high of $0.043. The rally followed the launch of RewardMe 2.0, which integrated MDT as the platform’s new crypto reward token. Technical indicators confirm a bullish breakout supported by a golden cross and falling wedge pattern. According to CoinGecko data, MDT rose to a six-month high of $0.043, with its market cap climbing from approximately $10 million to $26.8 million within just three hours during early Asian trading hours on Friday.

Why is MDT price rising? Over the last 24 hours, the altcoins’ daily trading volume shot up by more than 2,200%, which is usually a sign that retail investors may be fueling the rally.

MDT’s recent price surge appears to be supported by the official launch of RewardMe 2.0, which was announced by the RewardMe team in a July 22 post on X. The updated version introduces MDT as the platform’s new crypto-based reward option.

Under the new system, users can choose to receive rewards in MDT, which is now integrated into the app as both a cashback and staking token.

The platform has retired its legacy ME token, which previously served as an in-app reward unit. ME functioned as a closed reward point system and was not designed for blockchain use. Existing ME balances were converted to Reward Dollars at a 1:1 ratio. RD remains available for in-app redemptions like gift cards, though it is not transferable or blockchain-based.

The rollout of RewardMe 2.0 marks a broader transition from a closed rewards model to a blockchain-integrated system, positioning MDT at the center of the ecosystem’s future growth.

For the uninitiated, Measurable Data is a decentralized data exchange protocol that powers apps like RewardMe, its consumer-facing platform that lets users earn cashback by anonymously contributing purchase data, which is then aggregated and sold to data buyers for market insights, with value returned to participants through its native token, MDT.

Traders are accumulating As of press time, MDT is showing slight signs of burnout with the Relative Strength Index well within the overbought territory at press time. While this doesn’t necessarily mean that the rally will end, it suggests that short-term profit-taking or a cooling-off period could follow if buying momentum slows.

MDT has dropped roughly 35% since hitting its recent high, but on-chain metrics continue to support a positive short-term outlook for MDT.

According to Nansen, the total supply of MDT held on exchanges has dropped by 7.3%, now totaling approximately $436.2 million.

The drop in MDT’s exchange balances can be considered a bullish signal. When tokens move off exchanges, it usually means holders are not looking to sell in the short term. This helps reduce immediate sell-side pressure.

MDT price prediction On the daily price chart, MDT has broken out of a falling wedge pattern that had been forming since December 2024. A falling wedge is a bullish reversal pattern characterized by converging trendlines that slope downward, indicating a gradual loss of bearish momentum.

The recent breakout above the upper boundary of the wedge signals a potential shift in market structure toward a bullish trend.

MDT price, 20-day and 50-day SMA chart — July 25 | Source: TradingView The 50-day simple moving average has crossed above the 200-day moving average, forming a golden cross, which is typically viewed as a strong bullish indicator.

The Aroon indicator further supports the bullish outlook, with the Aroon Up reading at 92.86% and the Aroon Down at 0%. This configuration indicates a strong uptrend with minimal recent downward pressure, reinforcing the current breakout’s validity.

MDT Aroon and RSI chart — July 25 | Source: TradingView Overall, these signs collectively point toward a constructive short-term outlook, though short-term volatility may emerge if RewardMe users start to lock in gains.

For MDT, the most likely target lies at $0.035, which the token failed to breach during its May run. If bulls manage to capture that, the next key target would be its December 2024 high of $0.08, which has historically acted as a key resistance level.

However, a drop below $0.0146 would invalidate this setup.

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Binance will delist BIFI, FIO, FUN, MDT, OXT, and WAN.

PANews reported on April 9th ​​that, according to an official announcement, Binance has decided to suspend trading and delist the following cryptocurrencies on April 23, 2026 at 11:00 AM (UTC+8): Beefy.Finance (BIFI), FIO Protocol (FIO), FunToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN). Binance emphasized that it will regularly review the digital assets listed to ensure a high standard of cryptocurrency quality.

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Crypto exchange Binance has officially announced the delisting of six tokens, Beefy.Finance (BIFI), FIO Protocol (FIO), FunToken (FUN), Measurable Data Token (MDT), Orchid (OXT), and Wanchain (WAN), as part of its routine asset review process.

The move will remove all spot trading pairs associated with these tokens, mainly affecting traders currently holding positions or using related services on the platform.

Also Read : Binance Coin (BNB) Price Prediction 2026, 2027 – 2030: Will BNB Price Hit $2000?

Gradual Restrictions Begin Before DelistingBefore the final removal, Binance will introduce a series of restrictions across its ecosystem. Futures trading for these tokens will be halted earlier on April 15, with positions automatically settled shortly after.

Margin trading will also be suspended, and users will no longer be able to borrow or transfer these tokens into margin accounts. Other services like copy trading, staking (Simple Earn), and trading bots will be discontinued in phases leading up to the delisting.

These steps are designed to give users time to exit positions while preventing new exposure, similar to a controlled wind-down process.

Also Read : Binance Gold & Silver Futures Soar: Why Traders Are Swapping BTC for Bullion

Final Delisting Scheduled for April 23The official delisting will take place on April 23, 2026, at 03:00 UTC, when all spot trading pairs will be removed.

Users are strongly advised to close positions and cancel pending orders before the deadline. If not, Binance may automatically cancel orders, settle positions, or force-sell assets at market price.

What Happens to Remaining Assets?After trading ends, deposits will be disabled from April 24, while withdrawals will remain open until June 23, 2026. If users fail to withdraw their holdings, Binance may convert remaining balances into stablecoins after June 24, although this is not guaranteed.

Overall, the move reflects Binance’s effort to maintain quality listings, while users must act early to avoid forced actions and potential losses.

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