Binance, the world's largest cryptocurrency exchange, has announced the removal of the Seed Tag from five altcoins, which has led to market changes.
What is Seed Tag?
Seed Tag signifies tokens that represent new and innovative projects that may exhibit higher volatility and risk compared to other tokens. These tags served as indicators for investors.
List of Altcoins without Seed Tag
As of July 21, 2025, the following tokens will be removed from the Seed Tag list:
- Bonk (BONK) - EigenLayer (EIGEN) - ether.fi (ETHFI) - Pudgy Penguins (PENGU) - Pepe (PEPE)
Market Reaction to the News
Following Binance's announcement, prices of these altcoins began to rise, indicating a positive response from investors.
The removal of the Seed Tag from these altcoins highlights their potential and interest from Binance, which may impact their trading and market prices.