Binance Issues Vital Update On ARKM, JTO, & These Crypto, Here’s All
The post Binance Issues Vital Update On ARKM, JTO, & These Crypto, Here’s All appeared on BitcoinEthereumNews.com.
Crypto exchange behemoth Binance issued a vital update on the crypto tokens Arkham (ARKM), Jito (JTO), StormX (STMX), TROY, BLUR, Convex Finance (CVX), Celestia (TIA), and SUN. Notably, the crypto exchange revealed that it is updating the ‘Monitoring and Seed’ tags for these mentioned assets, sparking market discussions globally. In turn, market participants anticipate whether the announcement could substantially impact the coins’ prices amid a bullish Q1 2025. Binance Issues Important Update On ARKM, JTO, & These Crypto Assets In an official Binance announcement dated January 2, the crypto exchange revealed that it is updating the tags for 8 crypto assets. Particularly, the exchange will extend the monitoring tag to include STMX and TROY. However, the same tag will also be removed for CVX and SUN tokens. Simultaneously, the top crypto exchange will remove the Seed tag for ARKM, BLUR, JTO, and TIA tokens starting today. Overall, the updated offerings remain much eyed by investors as they could substantially impact the crypto’s market visibility and sentiment. Also, the leading crypto exchange revealed that the coins with the Monitoring tag exhibit higher volatility and risks compared to other listed tokens. Aligning with these risks, Binance revealed that “tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform.” Traders and investors keenly eye the coins as their future on one of the top exchanges in the industry remains uncertain. It’s noteworthy that the abovementioned coins appear to be enjoying a bullish movement against the broader crypto market’s recovery. How Are The Crypto Performing? At the time of reporting, ARKM price gained nearly 15% intraday and is currently resting at $1.60. The coin’s 24-hour low and high were $1.38 and $1.62, respectively. Even JTO price surged 4% over the past day and…
Filed under: News - @ January 2, 2025 12:18 pm