Deep Dive
1. Delisting Fallout Continues (24 July 2025)
Overview:
Upbit and Bithumb confirmed STRIKE’s delisting effective 21 August 2025, citing low liquidity and regulatory alignment. The token initially surged 289% on short-term speculation before dropping 17% as traders exited positions.
What this means:
Bearish for STRIKE’s accessibility, as ~70% of its trading volume originated from South Korean exchanges. Reduced liquidity could amplify volatility, though the project’s DeFi lending/borrowing protocol remains operational. (CoinMarketCap)
2. DBX Partnership Goes Live (22 July 2025)
Overview:
STRIKE partnered with Dirty Boxing Championship (DBX), a combat sports league, to power token-gated experiences, loyalty rewards, and a mobile game with wagering mechanics.
What this means:
Bullish for utility expansion, targeting DBX’s 1.3M followers. Success hinges on user adoption of blockchain features in gaming—a high-risk, high-reward play in speculative markets. (Strike Token)
Overview:
STRIKE ranked 7th in South Korean crypto searches (7,602 queries) between 18–24 July, outperforming BTC and trailing meme coins like DOGE.
What this means:
Neutral sentiment—retail interest persists despite delisting risks, but dominance of meme-driven assets like PENGU and TRUMP suggests speculative trading overshadows fundamentals. (CoinMarketCap)
Conclusion
STRIKE navigates a fractured landscape: delisting pressures clash with niche partnerships and regional hype. While the DBX deal offers a growth vector, liquidity erosion remains a critical threat. Can Strike’s DeFi utility outlast exchange-driven volatility?