!!! Attention holders of the following altcoins!!!
Binance will issue delisting warnings for these 11 altcoins💥💥💥💥
According to the official statement released by Binance today, these 11 altcoins have been included in the monitoring list due to various factors.
The altcoins that have been warned include Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT) and Sunday (SUN). These coins have now been included in the special watch list by Binance.
Compared with other coins on the exchange, these monitored altcoins show higher market volatility and investment risks. Binance said it will continue to pay attention to the market dynamics of these coins and conduct regular review and evaluation.
Binance made it clear in the statement that if these altcoins fail to meet the standards set by the exchange after review, they will face the risk of delisting. The review criteria mainly consider the commitment of the project team, trading activity and market liquidity, the stability of the network and smart contracts, and the contribution of the project party to building a healthy and sustainable cryptocurrency ecosystem.
In addition, Binance also announced that although 11 new altcoins were added to the monitoring list, two projects - Enzyme (MLN) and Horizon (ZEN) - were removed from the list because they met the exchange standards. Users who want to trade these altcoins with monitoring labels need to complete a specific test every 90 days. In the last update, the total number of monitored altcoins exceeded 30.
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