$CVX

Binance officially announced today that 11 altcoins have been included in its "watch list", namely: BAL, CTXC, CVP, CVX, DOCK, HARD, IRIS, MBL, POLS, SNT and SUN. These currencies have now become the objects of Binance's close monitoring. The main reason is that their recent market performance has fluctuated drastically and contains high investment risks. Binance promises to continue to track the dynamics of these currencies and conduct regular reviews to determine whether they meet the established standards of the exchange.

Binance issued a clear warning: "Please note that tokens with monitoring labels may no longer meet our listing requirements and face the risk of being delisted from the platform." Its review standards are extremely strict, covering the trustworthiness of the project team, the activeness of trading volume, the liquidity of funds, the stability of the network, and their positive contributions to the cryptocurrency ecosystem.

Fortunately, the two projects MLN and ZEN have been freed from the blacklist due to their excellent performance. However, for the remaining "key observation objects", they need to be reviewed every 90 days to ensure that they can continue to be traded on the exchange.

In addition, although MLN and ZEN have been removed from the blacklist, this does not mean that their currency trends will improve. For investors who intend to buy at the bottom or conduct contract transactions, it is recommended to think twice before acting.