Coinbase announced it will delist Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), and Synapse (SYN) on June 26. The exchange cited liquidity concerns and regulatory compliance as key factors.
These tokens have seen 30-50% price declines since the announcement. Market makers are reducing exposure, creating volatility for remaining holders.
The delistings reflect broader exchange consolidation around assets with clear regulatory profiles. Analysts predict more tokens could face removal as compliance costs rise under new SEC guidelines.