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Wemix Price Plummets 60% After Delisting Announcement

Coin WorldFriday, May 2, 2025 7:01 am ET

1min read

Wemix, a cryptocurrency issued by the Korean game publisher Wemade, is set to be delisted from major domestic crypto exchanges. The Digital Asset Exchange Association (DAXA) announced that the Bithumb exchange will cease trading support for wemix tokens on June 2, with withdrawals becoming impossible from 3 p.m. on that day. Following this announcement, the price of Wemix plummeted by 60%.

The delisting decision comes after a large-scale hacking incident within the Wemix ecosystem. Following a comprehensive review of the issuer's reliability and security standards, DAXA decided to terminate trading support for Wemix on five major platforms: Upbit, Bithumb, Coinone, Gopax, and Korbit. This is not the first time Wemix has faced delisting; it was previously delisted in December 2022 and reinstated the following year.

Within minutes of the announcement, Wemix's price dropped from $0.7225 to a low of $0.2757, marking a 60% decrease from the previous day's price. The sudden drop highlights the market's sensitivity to regulatory actions and security concerns.

In response to the delisting announcement, Wemade's Wemix team issued an apology to community members. The team stated that they would utilize all available resources to overcome this challenge and return to a normal trajectory. Wemade also announced that Wemix will pursue listings on global crypto exchanges in the coming days, signaling their intent to regain confidence among traders.

Despite the setback, Wemix's future listing on global exchanges suggests that the cryptocurrency aims to regain its footing. The reputable team at Wemade is expected to provide secure trading opportunities for their valuable traders. The situation remains fluid, and further updates on Wemix are anticipated.

Comments

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16 hour ago

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15 hour ago

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paperboiko

02/26

Arkema's move is solid. With $TSLA and renewables growing, PVDF demand will boom. I'm holding long on Arkema. 🚀

Buffet_fromTemu

02/26

Gotta love when companies tap growth opportunities.

No-Explanation7351

02/26

@Buffet_fromTemu Fair enough

MCU_historian

02/26

EV market booming, PVDF demand up. Arkema's got the goods. Gonna watch how $TSLA reacts to this news.

Holiday_Context5033

02/26

This expansion aligns with megatrends. Arkema's playing chess while others play checkers. Long-term hold for me.

sesriously

02/26

Arkema's move is pure 🔥 in the PVDF space.

gnygren3773

02/26

Arkema's move is a green light to higher profits. 15% more PVDF means more market share. Who's got the stop-loss on $ARK?

zarrasvand

02/26

Holding $ARK for long-term gains, solid play.

GoodCoffeee

02/26

More PVDF means more lithium-ion power. Arkema's got the goods for the EV revolution. They're riding the trend.

yodalr

02/26

@GoodCoffeee What's next for Arkema?

priviledgednews

02/26

North America's PVDF demand is on a roll.

Holiday_Context5033

02/26

PVDF is the new gold. Arkema's expansion aligns with the clean energy rush. Gonna watch this space closely.

Anonym0us_amongus

02/26

PVDF is the new gold. Arkema's digging deeper. Anyone see Solvay and Chem struggling to keep up? 🤔

DrixGod

02/26

15% capacity boost sounds small, but it's strategic. Arkema's securing its lead while others lag. Smart play.

DrMoveit

02/26

North America's PVDF market heating up. Arkema's expansion could shake the leaderboard. Who's ready for some competition?

portrayaloflife

05/13

Holding $IQE long-term, betting big on automotive growth.

BoomsRoom

05/13

3D sensing + AI = 🤯 IQE's long-wavelength VCSELs are a game-changer for LiDAR and robotics.

Outrageous-Rate-4080

05/13

@BoomsRoom Long-wavelength VCSELs are 🔥, but watch out for competition from other tech giants.

Eli9105

05/13

Competition from giants like II-VI could pinch margins, but IQE's tech edge and customer partnerships might just keep them in the lead.

Gentleman1217

05/13

200mm wafers are like cheat codes for cost efficiency. IQE's smart moves could shift them from recovery mode to growth mode pronto.

aj_cohen

05/13

GAN power semis are the future, not a fad.

ethereal3xp

05/13

Diversification's the name of the game. IQE's not just riding one wave, they're surfing the entire semiconductor renaissance with both feet.

Interesting_Award_86

05/13

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southernemper0r

05/13

GAN power semis are the future. IQE's tech could dominate EV charging and grids. 🚀

LividAd4250

05/13

GAN-on-silicon tech feels like a game-changer for smart grids and EV charging. It's about time someone cracked the cost barrier.

James1997lol

05/13

5G and 6G might keep IQE's wireless epitaxy in high demand. They're not just playing catch-up; they're setting the pace.

BlackBlood4567

05/13

IQE's 3D sensing dominance is 🔥 in LiDAR space.

mrdebro44

05/13

$IQE's infrared substrates are like unsung heroes. They might just revolutionize diagnostics and environmental monitoring without getting enough hype.

Assistantothe

05/13

Secular trends are like a safety net for $IQE. EVs, AI, and 5G ensure they're catching a wave that's only getting bigger.

Running4eva

05/13

IQE's pivot to GAN power and 3D sensing is 🔥. Betting on their VCSEL tech feels like grabbing low-hanging fruit in a multitrillion-dollar orchard.

fit_steve

05/13

@Running4eva What do you think about their competition?

Tiger_bomb_241

05/13

IQE's 200mm wafer switch? Pure genius. Lower costs, higher volume, and more scalability.

Plus_Refrigerator839

05/13

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05/13

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loveNthundermifflin

05/13

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josemartinlopez

05/03

A thriving Starbase might attract big names like Lockheed Martin or Aerojet Rocketdyne to the region.

girldadx4

05/03

@josemartinlopez Do you think LMT will move ops there?

cyber_clone741-69

05/03

@josemartinlopez Yeah, that's a solid bet.

James___G

05/03

Musk's bet on Starbase? Pure rocket fuel.

Corpulos

05/03

@James___G Musk's move? HODLing on tight.

911Sheesh

05/03

$TSLA investors should monitor Musk's focus; distraction could impact Tesla's product roadmap.

investortrade

05/03

@911Sheesh True, Musk's focus shift could hit TSLA.

sniperadjust

05/03

Starbase's future: 🚀 or 🚩? Only time tells.

Gavin_Ray

05/03

@sniperadjust What do you think is the tipping point for Starbase?

1kczulrahyebb

05/03

Hope Musk isn't biting off more than he can chew with this Starbase venture.

downtownjoshbrown

05/03

Starbase could be the next Silicon Valley if SpaceX's influence goes as planned. 🚀

Connect_Corner_5266

05/04

@downtownjoshbrown Do you think Starbase could attract more than just space-related companies?

Sweet-Block5118

05/03

Regulatory battles ahead might slow SpaceX's growth, so watch for delays in Starship launches.

LarryKingsGhost

05/03

Regulatory hurdles might ground Starbase ambitions.

smarglebloppitydo

05/03

TSLA holders, watch for Musk's focus shift.

LividAd4250

05/03

@smarglebloppitydo Where do you see Musk prioritizing next?

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05/03

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02/13

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02/13

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02/13

Reddit's DAU miss hit harder than my morning coffee. Investors be like, "Where's the buzz?"

CrimsonBrit

02/13

@Conscious_Shine_5100 Guess Reddit's DAU miss was the bearish buzz investors were looking for. 😂🐻📉

zack1567

02/13

Earnings beat, but user growth flop. Social media stocks are a marathon, not a sprint.

cfeltus23

02/13

Valuation risks are real. Growth investors gotta watch those multiples like hawks.

skilliard7

02/13

Holding $RDT long, but diversifying my portfolio

waterlimes

02/13

@skilliard7 How long you been holding $RDT? Any specific entry/exit strategy?

LogicX64

02/13

Reddit's DAU miss hit harder than my morning coffee. Investors be like, "Where's the buzz?"

Big-Decision-1458

02/13

Holding $RDT long-term, but diversifying into more stable ad platforms. Can't gamble on one horse.

Curious_Chef5826

02/13

Social media stocks are a minefield. Watch those multiples.

PlentyBet1369

02/13

Digital ad market's a jungle. Reddit better innovate or risk getting eaten alive.

TailungFu

02/13

Anyone else think Reddit should focus more on community engagement? Users are its lifeblood.

statisticalwizard

02/13

Buying the dip? Reddit's risk-reward looks spicy.

theamykupps

02/13

Google's algo change is the new kid in school, and Reddit's like, "Hey, where's my lunch money?"

Solidplum101

02/13

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Gejdhd

02/13

Reddit's DAU miss was a nuclear-level bomb 🤯

BeefMasters1

02/13

Holding $RDT long term, but diversifying into more stable ad plays. Can't gamble on every earnings call.

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02/20

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02/20

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DutchAC

02/20

Figure's YLDS stablecoin could moon if regs align

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02/20

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Silver-Feeling6281

02/20

@DutchAC You think YLDS has more upside?

Local-Store-491

02/20

Figure's YLDS stablecoin is a game-changer. Finally, a regulated yield-bearing option. Expecting more mainstream adoption as the crypto-world gets legit.

Qwazarius

02/20

Provenance blockchain is the new cool kid on block.

_Ukey_

02/20

@Qwazarius Provenance just mooned, lol.

chrisbaseball7

02/20

SEC approval = credibility boost for crypto, finally.

zeren1ty

02/20

SOFR - 0.50% is a juicy yield, hodl tight

Funny_Story2759

02/20

@zeren1ty How long you planning to hodl YLDS? Curious if you're thinking short-term flip or long-term stack.

Codyofthe212th

02/20

YLDS stablecoin launch is a game-changer. Finally, a regulated yield-bearing option. Can't wait to see how it disrupts the market.

freekittykitty

02/20

@Codyofthe212th Think YLDS will attract more DeFi?

Mahh_ko

05/09

"Himax's display is the lightsaber in the AR market, but the Force is strong with their competitors too. The path to dominance is clear, but the dark side of competition looms. May the odds be ever in their favor.

rbr0714

05/09

@Mahh_ko "Himax better YOLO on this AR play, or they'll FOMO the profit train. 🚀"

BarrettGraham

05/09

350k nits? That's some next-level brightness. AR glasses as thin as 5mm? Game changer for sure. 🚀

Fit-Possibility-1045

05/09

Sony and Epson in the mix? Competition's heating up, but Himax's patents might give them an edge.

MCU_historian

05/09

Compact and efficient, perfect for AR wearables.

car12703

05/09

If Himax hits 10% of the AR/VR market, that's a serious moneymaker. 🚀

m4d3lin3

05/09

@car12703 Think they'll hit 10% soon?

PlatHobbits7

05/09

350k nits? That's 🔥 brightness for AR glasses!

Alert-Reveal5217

05/09

LCoS tech is the future, bet on HIMX.

upyoars

05/09

@Alert-Reveal5217 What's your target price for HIMX?

TheLastMemeLeft

05/09

Himax microdisplay = AR game changer, serious moolah potential.

Stevitop

05/09

Himax might be the dark horse in AR displays. Their LCoS tech could outshine competitors. Long $HIMX, anyone?

car12703

05/09

Holding $HIMX long-term, eyes on AR growth.

Pushover112233

05/09

If Himax secures 10% of the AR/VR market, that's a neat $95M. Not bad for a semiconductor firm.

Gurkaz_

05/09

@Pushover112233 Do you think HIMX will hit 10%?

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05/09

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02/04

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02/04

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cuzimrave

04/23

Holy!The NFLX stock triggered a trading signal, resulting in substantial gains for me.

tostitostiesto

04/23

@cuzimrave I had a small NFLX position last year, sold too early. Regret not holding.

MBlaizze

04/24

@cuzimrave What’s your avg buy-in price for NFLX? Curious how much you saved.

FTCommoner

05/10

Export numbers are impressive, but can BYD maintain this pace? Their global ambitions are certainly promising.

MickeyKae

05/10

BYD's export game is strong, watch out world!

CardiologistEasy4031

05/10

BYD's scale and export prowess make it a standout. I'm doubling down on this stock. 💰

zech01

05/10

@CardiologistEasy4031 How long you planning to hold BYD? You thinking long-term or just riding this momentum up?

-Joseeey-

05/10

Foreign brands need NEVs in their lineup or risk getting left behind in China's rapidly shifting market.

Haunting-Stick190

05/11

@-Joseeey- True, NEVs are key. Foreign brands lagging risk losing market share fast.

Anklebreakers10

05/10

Chery's export strategy is 🔥. They're gearing up for a global push. Keep an eye on them.

fluffnstuff1

05/10

Policy support and consumer preference are fueling the NEV boom. This isn't just a trend—it's a revolution.

Qwazarius

05/10

NEVs dominate, ICEs fall behind fast.

_Ukey_

05/10

@Qwazarius True, NEVs lead, ICEs lag.

ResponsibleCell1606

05/10

I'm holding $BYD and $GEELY for their dominance in NEVs. Diversifying now before they skyrocket further.

Nichix8

05/11

@ResponsibleCell1606 How long you been holding $BYD and $GEELY? Any predictions on their growth this year?

Mr_Biddz

05/10

Chery's rise = opportunity for savvy investors

paperboiko

05/10

NEVs are the future, and China's leading. Investors who miss this train might be kicking themselves in 2030.

CrisCathPod

05/11

@paperboiko What if NEVs surge faster?

nicpro85

05/10

BYD's crushing it, but Tesla's struggling in China. Is it time to bet heavy on Chinese brands? 🤔

BuyGMEandlogout

05/10

@nicpro85 Bet heavy? Maybe, but DYOR.

DanielBeuthner

05/10

China's auto sector growth is no fluke. It's a structural shift, and the momentum is strong. 🚀

RL_bebisher

05/10

Holy!The BABA stock was in a clear trend, and I made $389 from it!

Gonzalo12560

05/11

@RL_bebisher How long were you holding BABA for? Curious about your strategy.

floorborgmic

05/06

$TSLA and $AAPL can learn from Zerebro's rise under Jeffy's leadership.

Excellent_Chest_5896

05/06

A tragic loss, but legacy lives. Zerebro's journey continues, and we're watching. 💼

KookyPossibleTheme

05/06

Holding $ZERE for the long haul. Jeffy's vision still guides the ship. 📈

Gix-99

05/06

Zerebro's cutting-edge was just the beginning. Hope they keep pushing boundaries.

Most_Caramel_8001

05/06

Fintech world mourns, but Yu's spirit lives on.

Didntlikedefaultname

05/06

Holding $TSLA, Zerebro's volatility keeps me awake.

NoAd7400

05/06

Zerebro's future looks shaky, hope they rebound.

sesriously

05/06

Fintech world, unite for Zerebro. Let's see how they honor his legacy.

ReindeerApart5536

05/06

RIP Jeffy, young blood with big vision. Fintech won't be the same without him. 🚀

WorgenFurry

05/06

Young bloods like Jeffy shake up the game.

ultrapcb

05/06

RIP Jeffy, fintech lost a genius. Zerebro's future moves will be worth watching. 🚀

conquistudor

05/06

Industry's pace is relentless. Remembering Jeffy's impact keeps us hungry for innovation.

IM_FAUX_REAL_BRO

05/06

@conquistudor True, industry's fast. Yu's legacy motivates.

GJohannes37

05/06

Zerebro's future looks shaky now. Hope they don't fumble Yu's legacy. Tough to replace a genius at 22.

Excellent_Chest_5896

05/06

Fintech's future leaders, take note. Jeffy's story inspires hustle and innovation.

mrpoopfartman

05/06

RIP Jeffy, my portfolio's safer with $AAPL.

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05/12

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05/11

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04/30

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tnts_daddy

04/30

@Rm.r How long were you holding before selling, and what specific stocks were you in? Curious about your strategy.

BeeBaBoop

04/30

@Rm.r Cool

itsdevineleven

04/30

Wow!The MSTF stock was in a clear trend, and I made $136 from it!

Simple-Appointment17

04/30

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05/13

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View all 4 replies

RhinoInsight

05/13

Boeing's got a chance to regain ground (literally) with these deliveries. But will they keep the momentum after the tariff clock ticks down?

greenpride32

05/13

Boeing's got a reprieve, but it's like a truce in a Game of Thrones-style trade war. The real question is, can they keep the peace? With Trump's tariffs still a threat, it's a shaky truce. Boeing's still got a lot riding on China, and that's a risky bet. But hey, at least the planes are flying again—temporarily.

HobbyLegend

05/13

Trade truce liftoff: Boeing soars on Chinese skies.

eujc21

05/13

@HobbyLegend Boeing moonshot confirmed: next stop, Mars? 🚀

shrinkshooter

05/13

Boeing's back in the game in China, but that 90-day timer is looming. Bet they're flying high for now, though. 📈

According_Crab8170

05/13

@shrinkshooter Agreed, but watch that timer.

Comfortable_Corner80

05/13

@shrinkshooter What's next for Boeing in China?

Mojojojo3030

05/13

Still, safety concerns linger in China. Could be a bumpy road ahead for Boeing regaining full trust.

MysteryMan526

05/13

Trump's got his eyes on aviation, but those safety concerns still linger for Boeing.

MasterDeath

05/13

Trump's got his eyes on aviation, huh? Using Boeing like a trade card. Wonder what's next on that front.

southernemper0r

05/13

@MasterDeath Yeah, Trump's got Boeing in play.

yeahyoubored

05/13

China's move is a win for Boeing, but let's see if it holds after the tariffs roll back. 🤔

discobr0

05/13

Boeing's back in the game, but that 90-day clock is ticking. What's next on the trade front?

ethereal3xp

05/13

@discobr0 What's the play if tariffs spike?

confused-student1028

05/13

@discobr0 Agreed, ticking clock, next move?

CrimsonBrit

05/13

Boeing's back in the game in China, bro. 50 jets this year? That's some serious cashflow. Trade wars be crazy.

Plutus_Victoris

05/13

@CrimsonBrit 50 jets? That's big $$$.

Bossie81

05/13

Trade truce is cool for now, but those tariffs could spike again. Risky business, but opportunities are there for traders.

OckyHanma

05/13

@Bossie81 What's your take on Airbus?

iyankov96

05/13

MAGA hat tip: Boeing jets flying high again.

313deezy

05/13

@iyankov96 Boeing's BAck, but watch for turbulence in the trade deal.

coinfanking

05/13

China playing nice with Boeing, but for how long?

khasan14

05/13

China's move spares Boeing logistical headaches, but customization might still be a hiccup. Keep an eye on that side of the story.

VariousScenes

05/14

OMG!I profited significantly from the signal generated by CARM stock.

LamboSkillz

05/14

@VariousScenes What’s the duration you held CARM? Curious about your strategy.

NebraskaStockMarket

04/16

Wow!the block option data in TDG stock saved me much money!

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.