It was one of the most popular coins on the Binance exchange, but what happened to ERD?
ERD was a victim of its own success. When it was first listed on Binance, it quickly rose to become one of the most popular coins on the platform.
However, as its popularity grew, so did the scrutiny from regulators.
NOTE: WARNING: Binance recently experienced an issue with the ERD token causing a discrepancy between the balances in user wallets and the balances visible on the site. This was due to a technical issue and has now been resolved. However, it is strongly recommended that all users take extra caution when dealing with ERD tokens on Binance to ensure that their funds are secure.
In September of 2019, Binance announced that it would be delisting ERD due to regulatory concerns. This caused the price of ERD to crash, and it has never recovered since.
So what happened to ERD? It was simply a victim of its own success. It rose too quickly in popularity and attracted too much regulatory attention.
As a result, it was delisted from Binance and has never been able to recover.
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