Binance May Delist These Five Altcoins: Under Close Watch!
Binance has revealed that five altcoins currently traded on its platform have been added to its "watch" list, signaling the potential risk of delisting. The exchange is closely monitoring these tokens as part of its ongoing efforts to ensure the quality and stability of its listings.
Recently, Binance implemented a new system to better assess the performance and tokenomics of various altcoins, with a particular focus on those exhibiting higher volatility or other concerns. Following this, the platform announced that Bluzelle (BLZ), Clover Finance (CLV), SelfKey (KEY), Prosper (PROS), and Vite (VITE) are now under review and part of the watch list due to their elevated risk levels.
Binance clarified that the "watch" tag is applied to tokens with significantly higher volatility and risk compared to others. These tokens are subject to regular evaluations, and failure to meet Binance's listing criteria could result in their removal from the platform.
In response to the announcement, price charts for the affected tokens showed notable declines within two hours, as investors began selling off their holdings due to fears of a potential delisting.
In addition to this update, Binance also shared that Pendle (PENDLE) and Sei (SEI) have successfully exited their 90-day trial phase and are no longer part of the "seed" category, having met Binanceâs listing requirements.
Stay tuned as Binance continues to closely evaluate these altcoins, and investors remain on high alert for potential changes.
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