Have you ever seen a coin with a ⛔ sign or the label "Monitoring" on Binance?
Don't skip this! It's really important for you who hold altcoins or love hunting for potential coins! 😱
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💡 What Is the "Monitoring" Label on Binance?
Binance gives the Monitoring label to coins/tokens whose performance is considered inadequate or high-risk. This means that the coin is currently being warned and has the potential for delisting, i.e., being removed from Binance!
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🧠 Why Can a Coin Enter Monitoring?
Usually because:
1. ⚠️ Low trading volume
2. 📉 Inactive project or the team is ghosting
3. ❌ Security or legal issues
4. 🔎 Lack of project transparency
5. 🤥 Promised roadmap but not fulfilled
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🔍 Impact on Traders & Investors?
• Prices can drop drastically
• Liquidity becomes low
• Can be delisted suddenly
• You could get caught in a rug pull if you're not aware 😭
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💡 Tips for You!
✅ Check the coin status before buying
✅ Don't FOMO on coins that are "on sale" but actually enter Monitoring
✅ If you've already held? Keep monitoring updates from the project team and Binance
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📣 What do you think...
Is it fair for coins with poor performance to be immediately monitored?
Or is this Binance's way of protecting users?
👇 Drop your opinion in the comments below!
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