Poloniex To De-list 17 Digital Currencies

Cryptocurrency exchange Poloniex has announced it is de-listing 17 alt-coins on May 2.

The announcement was posted on Poloniex’s Twitter page, but the company did not disclose any reasons for its decision.

The altcoins to be delisted include Boolberry (BBR), Bitstar (BITS), Coin 2.1 (C2), CureCoin (CURE), Horizon (HZ), I/O Coin (IOC), Myriad (MYR), NobleCoin (NOBL), NuShares (NSR), Qibuck (QBK), Qora (QORA), Quatloo (QTL), Rubycoin (RBY), ShadowCash(SDC), SuperNET (UNITY), Voxels (VOX) and Magi (XMG).

Most of these coins have a relatively small user base and propagation. Forklog reported that following Poloniex’s announcement, many of these coins plummeted.