Collapse🔻 MEDIA after the Coinbase slap.... The coin plummets 60% in hours

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The Media Network (MEDIA) coin suffered a severe blow after it was officially delisted by Coinbase from all its services, causing its value to collapse by more than 60% within a few hours, and its market value to drop below $430,000.

The delisting decision, which came into effect on April 15, 2025, included Coinbase (NASDAQ:COIN).com, Coinbase Exchange, and Coinbase Prime, as part of a periodic review conducted by the platform on digital assets.

While the direct reason has not been clarified, estimates suggest that weak activity and halted development are behind the decision. This move has accelerated the coin's bleeding, which has lost more than 99% of its value since its peak at $312.

The absence of updates and the “disappearance” of the project team for months has sparked a wave of anger among investors, at a time when markets are experiencing increasing volatility due to global economic tensions..#Media