Binance is considering removing three tokens from its trading platform after a recent review to signal increased risk and potential delisting for not meeting listing standards.
Following the announcement, the three tokens experienced steep losses with double-digit percentage drops and increased trading volumes, indicating panic selling or portfolio reshuffling.
While the observation tag does not guarantee delisting, Binance will monitor development activity, transparency, and security measures closely. Delisting may occur if concerns are not addressed.
The tokens affected are BAKE, IDEX, and SLF, which saw significant price declines. Investors are awaiting further updates as Binance continues its risk assessments for token listings.