Binance, the world's largest cryptocurrency exchange, has announced that it will move 18 tokens, including AirDAO, BitShares, and OMG Network, into its Innovation Zone due to their higher volatility and risk. Binance CEO Changpeng Zhao has added an intermediate step in the process, stating that instead of direct delistings, "no-progress projects" will be moved to the innovation zone first.
After listings, Binance will closely monitor the projects' developments, and if they do not improve, they may be delisted in the future. Additionally, Binance has listed two meme coins, PEPE and FLOKI, in its Innovation Zone, which is a section on Binance where users can trade innovative projects with higher volatility and risk compared to other listed tokens.