📝 Binance expands monitoring of altcoins.

✔️On Monday, Binance#Binance added 11 altcoins to its list of monitored coins, raising concerns about the possibility of a possible delisting.

✅ Currencies such as Balancer (BAL), Cortex (CTXC), Powerball (CVP), Convex Finance (CVX), DOCK (DOCK), KafaLend (HARD), Iriscent (IRIS), MovieBlock (MBL), Polkastarter (POLS), Status (SNT) and Sun (SUN) are now under observation.

Which led to noticeable declines in prices.

🔀 For example, immediately following the announcement, Cortex fell by 8.09%, while Powerball and Dock fell by 12.66% and 11.71%, respectively, as Binance's moves aim to manage coins that show higher volatility or risk than usual, warning Investors of possible non-compliance with stock exchange listing standards in the near future, as the warning came as follows:

“Keep in mind that coins marked with a watchdog are at risk of not meeting our listing standards and may be delisted from the platform.”