### ๐จ๐จ IMPORTANT ALERT for Coin Holders ๐จ๐จ
Today, Binance made a major announcement about several coins. Here's what you need to know:
#### ๐ข **New Monitoring Tags Added:**Binance will be adding a Monitoring Tag to the following tokens:- **Balancer (BAL)**- **Cortex (CTXC)**- **PowerPool (CVP)**- **Convex Finance (CVX)**- **Dock (DOCK)**- **Kava Lend (HARD)**- **IRISnet (IRIS)**- **MovieBloc (MBL)**- **Polkastarter (POLS)**- **Status (SNT)**- **Sun ($SUN)**#### โ **What Does This Mean?**- **Volatility & Risk:** Tokens with this tag are identified as more volatile and risky.- **Close Monitoring:** Binance will closely monitor these tokens and conduct regular reviews.- **Potential Delisting:** These tokens might not meet Binance's listing standards in the future, leading to potential delisting from the platform.
#### ๐ **Monitoring Tags Removed:**
Binance has removed the Monitoring Tag from:
- **Enzyme ($MLN)**
- **Horizon ($ZEN)**
This change has led to notable price increases for these coins.
### โ ๏ธ **Stay Informed & Cautious:**
- **Inherent Risks:** Tokens with the Monitoring Tag come with higher risks.
- **Binance's Commitment:** Binance prioritizes transparency and safety, ensuring a secure trading environment for all users.
**Stay alert and trade wisely!**
