XMR has dropped by almost 10% in the last 24 hours.
The coin’s funding rates have turned negative for the first time in two months.
Monero [XMR] has dipped by almost 10% in the last 24 hours following OKX’s decision to delist 20 trading pairs, including the prominent privacy coin.
In an announcement on the 29th of December, the leading exchange noted that it had decided to delist the trading pairs because the crypto assets “do not fulfill our listing criteria.”
Other assets impacted by this move include Kusama [KSM], Flow [FLOW], Just [JST], Kyber Network Crystal [KNC], Aragon [ANT], Fusion [FSN], ZKSpace [ZKS], Capo [CAPO], PowerPool [CVP], Dash [DASH], ZCash [ZEC], and Horizen [ZEN].
Demand for XMR falls
At press time, XMR exchanged hands at $165.48. With a 6% price decline recorded in the last 24 hours, the coin ranked as the third asset with the most losses during that period, according to data from CoinMarketCap.
As observed by its price performance within a 12-hour ch
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