Binance exchange continues to add new coins to its watchlist. Recently, Binance has increased its delisting decisions. Among the newly added coins to the watchlist are the newly listed $PORTAL and $MOVE.

Binance has added a watch label to $ALPHA, $HIFI, $LEVER, $MOVE, $PORTAL, and $REI. If the projects with a watch label do not provide sufficient development, Binance may delist these projects.

Before delisting a cryptocurrency, Binance places it on the watchlist. We cannot say for certain that the coins placed on the watchlist will be delisted. Following the decision; there was a decline in cryptocurrencies that entered the watchlist.

Fraudulent activities involving newly listed coins have pushed investors away from cryptocurrencies. Binance is trying to be more cautious and is taking measures. In the upcoming process, the number of altcoins and memecoins to be delisted will increase.

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