Binance Adds Three Altcoins to Monitoring Tag, Signaling Potential Delistings
On July 24, Binance added Across Protocol (ACX), Lisk (LSK), and Stacks (STX) to its Monitoring Tag. This action signals that these tokens are at risk of delisting from the world's largest cryptocurrency exchange due to higher volatility or failure to meet listing criteria during regular reviews. The Monitoring Tag is a warning system used by Binance for assets it deems high-risk, based on factors like team commitment and network stability. While not an immediate removal, it can lead to eventual delisting if issues persist. Following the announcement, all three tokens experienced sharp price declines before partially recovering losses. This move follows similar actions in previous months where other tagged tokens were eventually removed from Binance’s platform.
Tickers: $STX
Topics: Binance crypto price movement delisting risk Monitoring Tag