Binance flags 5 tokens as possible delisting risks

Binance added Moonbeam (GLMR), ICON (ICX), Moonriver (MOVR), SuperRare (RARE) and Sophon (SOPH) to its Monitoring Tag list on Aug. 11 after its latest project reviews. Summary Binance added five tokens to its Monitoring Tag list after completing its latest periodic reviews. GLMR, ICX, MOVR, RARE and SOPH now face closer scrutiny and potential future delisting risks. Moonriver fell roughly 21% in 24 hours while Moonbeam dropped about 13% following Binance’s announcement. Binance said related services remain unaffected and gave no specific reasons for adding individual tokens. Moonbeam and Moonriver announced Base migrations in July, while ICON plans its December 31 shutdown. The designation places all five tokens under closer scrutiny and signals possible future delisting if they stop meeting the exchange’s listing standards, according to its announcement. The exchange said the move does not remove any of the tokens from trading and will not affect other related services. Binance did not provide a specific reason for adding each project. The notice was also updated later on Aug. 11 to revise information concerning the Monitoring Tag quiz. Binance Monitoring Tags do not mean immediat...