Binance’s Monitoring Tag Sends 4 Altcoins into Freefall

After announcing a monitoring tag on Thursday, Binance, the largest crypto exchange on trading volume metrics, triggered a free fall for four altcoins. Popular exchanges’ actions to list, delist, or put tokens on their catalog on the spot tend to cause price fluctuations. Binance Puts Monitoring Tag on 4 Altcoins In a Thursday announcement, the Binance exchange said it would extend its monitoring tag to four tokens in its catalog: Beefy (BIFI), StaFi (FIS), Komodo (KMD), and Measurable Data Token (MDT). “Based on recent reviews, Binance will extend the Monitoring Tag to include more tokens on 2025-06-05,” read the announcement source: https://beincrypto.com/binance-monitoring-tag-altcoins-free-fall/