🚨 Attention Altcoin Holders! alarm Delisting 🚨
Binance has announced delisting warnings for 11 altcoins. 🚨 According to today's official statement, these altcoins have been placed on a monitoring list due to various factors.
The warned altcoins include Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT), and Sun (SUN). These coins are now under special watch by Binance.
Compared to other coins on the exchange, these monitored altcoins exhibit higher market volatility and investment risks. Binance will continuously monitor the market dynamics of these coins, conducting regular reviews and evaluations.
Binance stated that if these altcoins fail to meet the exchange's standards after review, they risk delisting. The review criteria include the project team's commitment, trading activity, market liquidity, network stability, smart contract performance, and the project's contribution to a sustainable cryptocurrency ecosystem.
In addition, Binance announced that two projects - Enzyme (MLN) and Horizon (ZEN) - have been removed from the monitoring list after meeting the exchange's standards. Users who wish to trade these monitored altcoins must complete a specific test every 90 days. The total number of monitored altcoins now exceeds 30.
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