Coinone to Delist Pencil Protocol (DAPP), Impacting Investors

South Korea-based exchange, Coinone, has announced a significant decision regarding the delisting of the DAPP token on October 6th, 2023. This action comes after Coinone deemed the project’s failure to address critical issues warranting their initial investment warning. Coinone conducted a thorough review process, including requesting clarifications from the project team. However, no evidence of resolution for these underlying problems has been presented. This delisting impacts investors who hold DAPP on Coinone and requires immediate action.