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Jasmy criticizes binance's delisting vote practices

JASMY Slams Binance's Delisting Vote Practices | Community Responds with Outrage

By

Carlos Hernandez

Mar 26, 2025, 02:11 PM

Edited By

Anita Kumar

Updated

Apr 1, 2025, 09:51 PM

3 minutes reading time

A conceptual illustration depicting JASMY raising alarms over Binance's voting system, highlighting investor trust and market integrity issues.
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In a bold statement, JASMY has publicly criticized Binance's controversial voting system for potential delisting, stirring a wave of reactions from users on social media on March 26, 2025. As concerns about manipulation intensify, the crypto community is expressing frustration over what they deem as insincere engagement from the exchange.

The Heart of the Matter: Manipulation or Just Business?

The aftermath of Binance's delisting voting system has ignited a firestorm of debate within the crypto community. Many users deem the voting process a mere illusion designed to distract attention from deeper issues at play. One user claimed, "Binance has their own JASMY calls, BNB Greenfield or something. They donโ€™t like JASMY, especially with the price plummeting." This reflects a growing belief that Binance is less committed to quality projects like JASMY, further compounding distrust.

Interestingly, a community chat screenshot revealing 2.4 million votes against delisting has surfaced, suggesting a significant base supporting JASMY amid the turmoil. Of note, another user pointed out, "Eff Binance - never will use a china exchange," alleging that Binance's practices are hurting user trust. The sentiment is mixed; while some are rallying around JASMY in solidarity, others are actively shifting their assets away from Binance. One disgruntled user stated, "When I heard this latest BS, I took all my holdings from Binance, went to Crypto.com and got my own crypto card. Binance pumps low-quality memes and scams!"

There have been calls for community members to consider alternatives, with one user suggesting, "I mean why not just use a metamask wallet? Why do you want to keep on an exchange?" This shift in sentiment has encouraged many to explore decentralized options as they grow wary of centralized exchanges.

The Community Reacts: Strong Sentiment on Both Sides

The comment section is a battlefield of emotions, with opinions sharply divided. Many cling to hope, believing JASMY has potential despite current challenges. "Hold on, this is a good project with plenty of potential!" urged one optimistic holder, encouraging others not to lose faith. On the flip side, there's an increasing consensus that a delisting from Binance may not be such a bad thing. One user remarked, "It will be better long-term for JASMY if we delist ASAP; theyโ€™ve been manipulating us for years."

Interestingly, one user shared their experience, stating, "God I hoped you had left ๐Ÿคฃ it offers a crypto card, and other extras. Easy to use. Transfer, links to my bank etc." highlighting a positive view of using alternative services. Ironically, while some users remain steadfast, calling JASMY a long-term hold, others are bracing for what could be a critical day for the project's fate on the 27th. The broad spectrum of reactions demonstrates the community's ongoing turbulence as they seek clarity in uncertain times.

Community Impact and Ongoing Dialogue

As this situation develops, the JASMY teamโ€™s response and the communityโ€™s resilience are set to play pivotal roles in redrafting the narrative of both the project and its relationship with Binance. What remains to be seen is how user sentiment will shape JASMYโ€™s future in the tumultuous crypto arena.

Key Insights

  • โ–ณ Evidence from screenshots indicates 2.4 million votes against delisting, showcasing strong community support.

  • โ–ฝ Users are increasingly calling for alternatives to exchanges like Binance, suggesting a shift towards decentralized wallets.

  • โ€ป โ€œJASMY team seems unfazed; they know theyโ€™re successful without Binance,โ€ a member noted, calling for focus beyond the current drama.

  • โšก A significant number of users are moving assets from Binance, voicing loyalty losses and distrust of the exchange.