CandleFocus Binance May Soon Delist These 5 Altcoins: Everything You Need to Know
2024-10-03
Author: Content Editor
Binance, the world's largest crypto exchange, has added five altcoins (Bluzelle, CLV, SelfKey, Prosper, and VITE) to its Monitoring Tag list, indicating increased scrutiny due to volatility and risks. These tokens are at risk of being delisted if they no longer meet Binance's listing criteria. This announcement triggered a decline in the prices of these altcoins, with VITE seeing the largest impact with a 25% drop. However, Pendle and Sei had the Seed Tag removed, indicating they have stabilized and are considered less risky. Binance also requires users engaging with these tagged tokens to pass quizzes every 90 days to ensure awareness of risks.
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