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Binance makes a big move! 11 altcoins are included in the monitoring list, 2 are removed, and the trading rules are changed

In the field of cryptocurrency, every move of Binance has attracted much attention.

Just today, Binance issued a shocking official statement that 11 altcoins were ruthlessly included in the monitoring list due to a variety of complex factors.

These altcoins that have been warned are like boats swaying in the storm. They are Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT) and Sunday (SUN).

Now, they have been put into the "cold palace" by Binance and included in the special attention list.

Compared with other currencies on the exchange, these monitored altcoins are like wild horses that have run away, showing staggeringly higher market volatility and investment risks.

Binance solemnly stated that it will continue to keep a close eye on the market dynamics of these currencies like an eagle, and will conduct regular and rigorous review and evaluation.

In the statement, Binance clearly pointed out that if these altcoins fail to meet the carefully set standards of the exchange after review, they will face the tragic fate of being delisted.

The review standards cover multiple key dimensions such as the commitment of the project team, trading activity and market liquidity, the stability of the network and smart contracts, and the contribution made by the project party to building a healthy and sustainable cryptocurrency ecosystem.

It is worth mentioning that Binance is not blindly suppressing this time, and there is also good news.

Enzyme (MLN) and Horizon (ZEN) were removed from the monitoring list because of their outstanding performance and compliance with the exchange standards.

However, for users, if they want to trade these altcoins with monitoring labels, it is not easy, and specific tests must be completed every 90 days.

In the last update, the total number of monitored altcoins has exceeded 30.

In this turbulent cryptocurrency market, investors need to be vigilant and make careful decisions.

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