Coin 98 to Update Its Lows
Coin 98 (CNE) is down 12.7% this week to $0.0867, underperforming the broader crypto market, where Bitcoin (BTC) is trading neutral at $96,831. The altcoin remains under pressure following Binance's decision to delist the CNE/BTC a month ago due to low liquidity. While other pairs with CNE are still available, they too face the risk of delisting for the same reason.
In addition to this, a generally negative market sentiment is weighing on CNE, leading it to set a new all-time low at $0.0698. If the trend continues, the token could decline further towards the $0.0500 mark.
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