Bithumb’s EVZ Watchlist Raises Concerns, Signaling Market Shift

South Korean exchange Bithumb has placed the EVZ token on its delisting watchlist, sending ripples through the crypto community and prompting a closer look at the impact of exchange scrutiny. This action serves as a warning sign for investors and highlights the increasing importance of demonstrable utility in the eyes of major exchanges. The decision stems from Bithumb’s review uncovering shortcomings related to EVZ’s progress, particularly its core virtual asset projects and token functionality.