📝Binance platform #Binance raises the red flag. 11 alternative digital currencies face the risk of delisting.

✅Why does Binance place a monitoring mark on some altcoins?

🟢Currencies recently added to the watchlist include Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), and MovieBloc (MBL). Polkastarter (POLS), Status (SNT), and Sun (SUN).

🔴Following this announcement, the markets witnessed immediate reactions. The price of CTXC decreased by 8.09%, CVP decreased by 12.66%, and the price of DOCK decreased by 11.71%. As for the other currencies included in the watch mark, they recorded less severe declines.

🔲On the positive side, “#Binane ” announced that it will remove Enzyme (MLN) and Horizon (ZEN) from the watch list, indicating a stable and safe state for these two digital currencies, and removing the immediate threat of their delisting.