Cryptocurrency exchange Binance announced updates to its Monitoring Tag policy. As part of these changes, 10 new projects have been added to the list.
Changes in Monitoring Tag Policy
Based on community feedback, Binance has implemented several changes to its Monitoring Tag policy. The inclusion frequency is now monthly. New projects will be added in the first week of each month, and the removal of Monitoring and Seed Tags will be reviewed quarterly.
10 New Projects in Monitoring Tag
Binance has added 10 new projects to the Monitoring Tag list: 1. Aergo (AERGO) - blockchain platform for hybrid deployments. 2. Alpaca Finance (ALPACA) - lending protocol offering leveraged yield on BSC. 3. AirSwap (AST) - decentralized P2P token trading network on Ethereum. 4. Badger DAO (BADGER) - decentralized organization for products and infrastructure. 5. BurgerCities (BURGER) - aiming to create a Web3 metaverse. 6. COMBO (COMBO) - provider of scaling solutions for Web3 game developers. 7. NULS (NULS) - blockchain infrastructure with customization options. 8. STP (STPT) - pioneering AI advancement in gaming. 9. UniLend (UFT) - AI and blockchain protocol for Web3. 10. VIDT DAO (VIDT) - timestamping technology in Web3.
Cryptomarket Reaction
Following Binance's announcement, many of the listed coins observed a price decline. For instance, AERGO's price dropped by over 10%. STPT's market cap fell from $193 million to $146 million, while BURGER's price dropped from $0.32 to $0.24.
Binance continues to adapt to market conditions by updating its Monitoring Tag policy and adding new projects. These changes impact prices and market sentiment.
