Why did some altcoins on Binance crash to zero?

Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere.

Key takeaways

Some altcoins, including Cosmos’s ATOM token, briefly fell near zero on Binance during Friday’s crypto market crash.

The same altcoins held real market value on other centralized crypto exchanges.

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