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RLY Plunges as Bithumb Pulls the Plug

LivetErMagiskt10-24 16:20Bar RLY
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Rly's taking a hard hit, sliding down to $0.004128—ouch, a 23.3% nosedive in the last 24 hours! 😬 this tumble ain't coming outta nowhere though. bithumb, one of korea's big exchanges, slapped an 'investment caution' tag on rly, which means trouble for traders. they've been raising the red flags since september, suspending deposits and now planning to halt trading by november.

think about it, with those 'important' docs from the rly team being mia and tech support looking sparse, bithumb's decision was probably the nail in the coffin. add to the mix the general unease with token unlocks looming over a bunch of altcoins, rly wasn't ready for a spotlight.

got my fingers crossed for a brighter day, but today, it feels like tripping on my shoelaces at a marathon!
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