🚨Why did Binance put $TROY coin in the monitoring tag? Reason of $TROY Dump 🚨
Binance has added a Monitoring Tag to TROY (TROY) as of January 2, 2025, indicating that the token exhibits higher volatility and risk compared to other listed assets. This action is part of Binance's routine audits to ensure that all listed tokens meet their standards. Tokens with a Monitoring Tag are subject to regular evaluations, and if they fail to meet Binance's criteria, they may face delisting. Some community members have speculated that the Monitoring Tag was added due to concerns over potential pump-and-dump activities associated with TROY. It's important to note that trading tokens with a Monitoring Tag carries increased risk. Users are advised to exercise caution and ensure they understand the associated risks before engaging in trading these tokens.
Reason of $TROY COIN DUMP
Binance placed $TROY in the Monitoring Tag category as part of its routine token review process. This tag is assigned to tokens that show higher volatility or risks compared to other listed assets. Common reasons for such actions include:
Lower Liquidity: Insufficient trading volume or liquidity can increase price instability.
Non-compliance: Failure to meet Binance's listing standards or ongoing evaluation criteria.
Market Concerns: Allegations or signs of pump-and-dump schemes or irregular trading activities.
Project Updates: Issues like delayed development milestones, lack of updates, or reduced project transparency.
Tokens under the Monitoring Tag are closely reviewed and face the risk of being delisted if they don't address the issues identified. Binance advises users to trade such tokens with caution.
Please Follow me and Follow my Important News and Follow my profitable signals on Binance square ❤️.
#DOCTOR_SIGNaLs #BinanceAlphaAlert #BitcoinInSwissReserves #SolvProtocolMegadrop #MicroStrategyStockSale
