STRIKE drops sharply after brief spike ahead of delisting from Korean exchanges

STRIKE, a cryptocurrency slated for delisting from South Korean exchanges Upbit and Bithumb on Aug. 21 at 06:00 UTC, is sharply down after a brief spike. After peaking at 28,550 won ($20.75) around 00:00 UTC on July 24, the token has dropped to 20,820 won ($15.13) on Upbit, marking a 17.02% decline. The fall follows a dramatic rally the day before, when STRIKE hit 29,590 won ($21.52), up 289% from recent lows.