Pika Protocol KursPIKA

What does “dead coin” vs “live token” mean Live tokens are crypto projects that are active, well-maintained, in regular use, have liquidity, development updates, and community engagement. Dead coins are projects that have lost activity. They might have low or zero trading volume, abandoned development, broken networks or smart contracts, possibly delisted or on the verge of delisting. They provide little to no utility, and many investors treat them as non-functional assets. Bitget (like other exchanges) doesn’t always explicitly use the terms “dead” or “live,” but their policies around delisting, “special treatment,” and token monitoring serve to distinguish between them in practice. Bitget’s Role & Policies Here’s how Bitget deals with tokens/projects and how it handles the boundary between “live” and “dead” (or “at risk”): Periodic Review and Delisting Bitget regularly reviews all listed tokens/trading pairs to ensure they meet certain standards. Factors Bitget considers include: • Trading volume & liquidity • Activity of the development team & project updates • Stability of the network or smart contract • Community activity, project responsiveness • Any fraudulent or unethical behavior. “ST” (Special Treatment) Label / Warnings Bitget has an “ST rules” policy, which marks tokens that show signs of being risky or underperforming. Some of the criteria for ST marking are: • Poor liquidity or shallow order depth for long periods • Low trading volume • Decline in project development or maintenance • Team no longer active; project abandoned • Violations or deceptive behavior by the project team. Once a token is marked ST, Bitget watches it closely, and if conditions do not improve, it may be delisted. Delisting Process When Bitget decides to delist a token (or a spot/futures pair), they issue advance notice. Deposits are usually suspended before the final delisting date. Withdrawals often remain open for a period after delisting to let users move their assets off the platform. Pending orders are canceled. They also apply these rules to futures products: for example, a futures pair might be labeled, restricted, or removed if conditions like volatility, risk, or project inactivity get too high. Transparency & Communication Bitget announces delistings in its Support Center and via official channels ahead of time. The platform also publishes its criteria and rules (e.g. the ST policy) so users know what kind of behavior or performance expectations tokens must meet. Examples Here are a few real examples that illustrate how Bitget treats tokens/projects that verge toward “dead coin” status, or how they delist underperforming pairs: BIP1/USDT was delisted from Bitget’s spot market on 24 April 2025. Reasons included low adherence to Bitget’s periodic review standards (volume, liquidity etc.). Seven trading pairs (CLORE/USDT, MXC/USDT, WOOF/USDT, ZZZ/USDT, MOTHER/USDT, SILLY/USDT, FRED/USDT) were scheduled for delisting on 15 May 2025. Again, low activity and other criteria were cited. PIKA/USDT was also delisted due to “insufficient trading volume and liquidity requirements.” These examples show tokens that were “live” at one point, but moved toward being “dead” (or at least non-viable under Bitget’s listing metrics), and were removed. Takeaways: What Users Should Know / Watch Out For Just because a token is listed now doesn’t mean it will always stay listed. Low volume, inactivity, or project stagnation can lead to delisting. Always monitor things like development activity (GitHub commits, announcements), community engagement, liquidity, trading volume. If these drop, that token might be “at risk.” If a coin gets ST-marked or flagged, that's a warning sign. It may be still “live,” but potentially becoming “dead” if no improvements. When a delisting notice is given, act quickly: move your tokens off exchange if you want to keep them. Withdrawals may remain open only for a limited time. Diversify risk: don’t put too much stake in very new or obscure tokens, because many of those are more likely to “die” (delist or lose utility). $BTC $BGB

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