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Binance Adds Monitoring Tag to 4 Tokens, Signaling Delisting Risk

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BeInCrypto Editorial
(09:03 AM UTC)
1 min read
EW
Reviewed byEmily Watson

Binance applied its Monitoring Tag to AVA (AVA), Gains Network (GNS), Scroll (SCR), and Towns Protocol (TOWNS) on September 4. The label places all four tokens under closer review.

Traders reacted quickly. All four tokens dropped following the announcement.

What Does the Binance Monitoring Tag Mean?

Binance uses the tag to flag assets that are more volatile and riskier than the rest of its…

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