SHRAP faces delisting from major platforms, with liquidity sharply contracting due to compliance reviews. The price has continuously dropped from the monthly high of 0.00268, recently falling below the 0.0017 support amid increased trading volume, signaling a market negative feedback loop. After the delisting is completed, the chart is expected to weakly fluctuate in the 0.0010–0.0012 range, with a break below 0.0010 potentially triggering another downward risk. Overall, SHRAP's long-term liquidity and value expectations are under significant pressure. Investors are advised to remain highly cautious, strictly control exposure, and promptly avoid risks related to the delisting.

Multiple announcements from Bybit indicate that the platform has completed its compliance and performance review of SHRAP, and has decided to terminate SHRAP/USDT trading as of December 1, 2025. At that time, trading pairs and deposit services will be closed. Users must manually exit all grid and DCA strategies by that date, while the withdrawal function will remain accessible. This move reflects the exchange’s strict control over token liquidity and compliance, marking the official start of SHRAP’s delisting process on this major trading platform.

Bybit will remove the tokens SHRAP and LOOKS from its platform following a recent review to ensure compliance with performance standards. Trading for SHRAPUSDT and LOOKSUSDT pairs will end on December 1, 2025, at 8 AM UTC, with deposits closing earlier at 6 AM UTC. Users should close any active Grid Spot or DCA bots before the deadline, and withdrawals will remain available after trading ends.

Removal of SHRAP and LOOKS from the list

Bybit will delist and terminate trading of the tokens SHRAP and LOOKS due to a recent review ensuring compliance with their token management rules. Trading pairs SHRAPUSDT and LOOKSUSDT will end on December 1, 2025, at 8 AM UTC, with deposits closing at 6 AM UTC the same day. Users should close any active Grid Spot or DCA bots before this time. Withdrawals remain available after delisting, and users are advised to withdraw assets promptly.

On the daily chart, following the announcement on November 22, SHRAP’s price fell from 0.001654 to 0.001578, a single-day decline of about 4.6%. On November 24, the price further adjusted to around 0.00178 as trading volume surged again. In the short term, prices keep breaking new lows without clear buying support. Although trading volume is not as high as earlier in the month, repeated increases on downward moves reflect a dominant bearish sentiment. With the price already below the key 0.0017 support and remaining in a descending channel, news flow has obviously triggered a short-term negative feedback loop.

Bybit will delist SHRAP and LOOKS tokens, ending trading for SHRAPUSDT and LOOKSUSDT pairs on the Spot platform after Dec 1, 2025, 8AM UTC. Deposits will close by Dec 1, 2025, 6AM UTC, and tokens will be removed from Bybit Convert after this time. Users should close active Spot Grid Bots or DCA Bots before the deadline, and withdrawals will remain available post-delisting.

Delisting of SHRAP and LOOKS

Throughout the month, SHRAP has dropped from a high of 0.00268 to a low of 0.00108. Recent news has worsened the risk of liquidity contraction, with long-term moving averages and trading activity continuing to weaken, putting pressure on the token’s long-term valuation. After delisting, major trading channels will be restricted, making it hard for SHRAP to attract effective buy-side demand. In the short term, the price may continue to seek support in the 0.0010–0.0012 range; if it falls below 0.0010, another round of selling pressure may be triggered. Investors are strongly advised to stick to risk controls and avoid buying at high levels.

Bybit TR will delist the tokens SHRAP and LOOKS along with their trading pairs SHRAPUSDT and LOOKSUSDT. Trading on these pairs will end on December 1, 2025, at 11:00 AM (TSI), with all open orders automatically canceled. Deposits for SHRAP and LOOKS will no longer be supported from December 1, 2025, at 9:00 AM (TSI). Withdrawals will remain available after delisting, and users are advised to withdraw their assets early.

SHRAP ve LOOKS’un Listelemeleri Sonlandırılıyor

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