On May 7, 2025, the world's leading cryptocurrency exchange Binance officially added six types of tokens to the list of assets labeled 'Monitoring Tag.' The affected tokens include Stella (ALPHA), Hifi Finance (HIFI), LeverFi (LEVER), Movement (MOVE), Portal (PORTAL), and Rei Network (REI).
Decision to Tag for Monitoring: Why?
According to Binance, this tagging arises from 'recent developments' related to the assets mentioned and is part of the exchange's long-term commitment to protect users and ensure the integrity of the platform.
The exchange regularly conducts evaluations of listed tokens based on various factors such as:
Unusual price volatility
Opaque trading behavior
Sudden drop in trading volume
Legal or technical risks
Development status of the project and the team behind it
When a token is tagged with 'Monitoring Tag', it indicates that Binance considers that asset to have a higher-than-normal risk level and needs closer monitoring.
Impact on Traders
For users, when they want to continue trading with tokens tagged for monitoring, they must complete a risk awareness test every 90 days. This is part of Binance's efforts to enhance user awareness and trading responsibility.
The exchange also reserves the right to delist assets on the watchlist if deemed necessary, depending on the results of periodic monitoring.
Recent Price Situation of Tagged Tokens
The recently listed tokens have recorded significant volatility in recent days:
Stella (ALPHA): Price $0.01963, down 0.48% in the past 24h and down 9.39% in 7 days.
Hifi Finance (HIFI): Price $0.2568, up 3.58% in 24h and up 1.67% in the week.
LeverFi (LEVER): Price $0.0006272, sharply up 16.33% in 24h but down 7.90% in the week.
Movement (MOVE): Price $0.1577, deeply down 12.40% in 24h and lost up to 34.96% in 7 days.
Portal (PORTAL): Price $0.06578, down 15.03% in 24h and 24.08% in the week.
Rei Network (REI): Price $0.02155, down 11.66% in 24h and down 25.74% in 7 days.
Conclusion
Binance's application of 'Monitoring Tag' to these assets serves as an early warning signal for the user community and investors about potential risks. In the context of a volatile cryptocurrency market, being cautious in asset selection and understanding related risks is extremely important.
Advice for investors: Regularly monitor official announcements from Binance and ensure you understand the nature of the assets you are holding or trading.
