A green gainers list in a red market looks like strength.
Before I read it that way, I check one thing: Binance’s Monitoring Tag list.
Of the five names on today’s gainers list, three are officially tagged: $LSK , $GLMR and $SOPH . I haven’t verified the other two.
That information rarely appears next to the gainers list.
A tag doesn’t mean delisting. Binance has removed tags before. But Binance itself acknowledges the risk.
Per reports, after the tag announcements STX fell about 10%, GLMR about 13% and MOVR about 21%.
So when I see a green token, I open the tag banner on the Markets page first. Then the candle.
Do you check tag status before picking a token?
Not financial advice. DYOR.
#Binance #MonitoringTag #Altcoins #BinanceSquare
Before I read it that way, I check one thing: Binance’s Monitoring Tag list.
Of the five names on today’s gainers list, three are officially tagged: $LSK , $GLMR and $SOPH . I haven’t verified the other two.
That information rarely appears next to the gainers list.
A tag doesn’t mean delisting. Binance has removed tags before. But Binance itself acknowledges the risk.
Per reports, after the tag announcements STX fell about 10%, GLMR about 13% and MOVR about 21%.
So when I see a green token, I open the tag banner on the Markets page first. Then the candle.
Do you check tag status before picking a token?
Not financial advice. DYOR.
#Binance #MonitoringTag #Altcoins #BinanceSquare