TRC experienced panic selling triggered by the delisting announcement, with its price plummeting to as low as 0.0000181 USDT, a drop of over 78%. Subsequently, a short-term support formed at 0.00002 USDT followed by a technical rebound, but the rebound lacked strong buying volume, indicating limited market buying interest. After the delisting is completed, TRC will face systemic risks of liquidity exhaustion and price distortion, with long-term value expected to be suppressed. Based on liquidity and risk management principles, investors are advised to orderly exit risk assets or transfer to highly liquid platforms prior to delisting to avoid possible passive depreciation of their assets.

Starting from December 16th, TRC’s daily candlestick chart showed long upper shadows and large bearish candles, with an opening at 0.00011 USDT quickly dropping to 0.0000181 USDT and closing at only 0.0000241 USDT—a fall of over 78%. This dramatic movement coincided with Bybit’s announcements of halting TRC trading on December 23rd and ceasing deposit service on December 22nd, sparking an intense wave of fear regarding delisting risks in the market. Bullish funds exited rapidly at high levels, bearish sentiment spread, and surging trading volume reflected concentrated selling pressure.

Bybit will delist the PELL, PURSE, and TRC tokens from its platform. Trading for PELL/USDT, PURSE/USDT, and TRC/USDT will end on December 9, 2025, at 17:00 JST, with all open orders automatically canceled. Deposits will cease on December 8, 2025, at 17:00 JST. Withdrawal services will remain available after delisting, and users are advised to withdraw their assets promptly. Trading bots using these tokens must be stopped by the delisting deadline.

Notice of Delisting for PELL, PURSE, and TRC

Following the rapid decline to the psychological level of 0.00002 USDT, TRC saw two consecutive days of bottoming and recovery, with closing prices moving back above 0.00003 USDT and trading volume dropping compared to the crash day. This level aligned with previous lows, forming short-term support and generating volume-stabilized reversal, indicating buyers were defending at critical price points. The subsequent rebound peaked near 0.000055 USDT, but trading volume failed to expand, suggesting limited bullish momentum—the short-term bounce was mainly attributed to technical bottom-fishing.

Once the platform completes delisting, TRC will face challenges of liquidity exhaustion and lack of pricing benchmarks on major exchanges, significantly impairing long-term value. In this context, investors delaying withdrawals or moving to other platforms may encounter higher slippage and liquidity risks. It is recommended to timely exit positions or shift assets to more active markets before delisting, while paying attention to the listing status and support strength on other platforms, to prevent further passive asset devaluation.

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