According to a statement from the exchange, the cryptocurrencies included in the watchlist are Ellipsis (EPX), ForTube (FOR), Unfi Protocol DAO (UNFI), Waves (WAVES) and Wrapped NXM (WNXM).
Putting cryptocurrencies on a watchlist means they no longer meet listing standards and may be removed from the list.
Binance may decide to remove these cryptocurrencies from the list in the coming days.
“Tokens with tracking tags exhibit significantly higher volatility and risk than other listed tokens,” the statement said. These tokens are closely monitored with regular reviews. criteria and removed from the platform.” It's all over the place.
As a result of this decision, EPX lost 13%, FOR 17% and WAVES lost 15%. There were no significant changes at UNFI and WNXM.
Binance has started tracking five cryptocurrencies and issued a warning that these cryptocurrencies may be removed from the list.