Binance May Delist 31 High-risk Tokens with a Market Cap of Nearly $2B

• Binance expands its risk monitoring tag to include tokens like BETA, BOND, WTC, and XEM.
• The exchange stated the tokens with the monitoring tag exhibited higher volatility and could no longer meet a listing condition.
• At least 31 coins are currently under surveillance, with a nearly $2 billion market valuation.

In a recent statement, the largest trading platform, Binance, announced its plan to extend the risk tag it gives to certain digital assets to encompass several additional tokens. The exchange noted that effective on October 4, 2023, the tokens that will be added to the Monitoring Tag list include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM).

Based on recent reviews, #Binance is adding more tokens to the current Monitoring Tag list on October 4, 2023.

The newly added tokens are:
$BETA
$BOND
$WTC
$XEMhttps://t.co/u00vTXpMwz

— Binance (@binance) October 4, 2023

Binance mentioned that the expansion of the Monitoring Tag comes in response to recent assessments, which have identified the need to include more tokens under enhanced scrutiny. For context, tokens carrying the monitoring or risk tag are known for their elevated vola…

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