PEPE, PENGU, BONK graduate from Binance seed tag disclaimer level
The post PEPE, PENGU, BONK graduate from Binance seed tag disclaimer level appeared on BitcoinEthereumNews.com.
On July 21, Binance announced the removal of its Seed Tag designation from tokens Pepe (PEPE), Pudgy Penguins (PENGU), Bonk (BONK), ether.fi (ETHFI), and EigenLayer (EIGEN). The exchange has supposedly conducted reviews and is more confident the projects are ethical enough for investments, but told its user base they still carry market risks and price volatility. The Seed Tag is Binance’s in-house risk label that is applied to newly listed tokens or projects considered more volatile and speculative than “established” assets. The tag tells crypto enthusiasts which coins have more risk for traders and requires them to complete quizzes to prove they have full knowledge of the nature of their investments before trading the asset. Removal of the Seed Tag means Binance has seen a project’s maturity and is satisfied with its risk profile. Binance removes caution tag on five tokens after reviews According to Binance, its decision came against the backdrop of a routine project review based on team commitment, development activity, trading volume, liquidity, network security, and transparency. Regulatory compliance, ethical standards, and community engagement were also considered. “Projects must maintain a high standard of performance, security, and transparency,” Binance stated in the announcement. “We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.” The update caused mixed reactions on social media platforms, with some asking why other tokens were not taken down from the crypto exchange’s “red alert” list. “These coins are volatile enough without the extra hype, hope traders don’t get burned chasing this,” warned one crypto trader on X. Pudgy Penguins price soars after tag removal One of the biggest gainers from the announcement was Pudgy Penguins (PENGU), which posted a 25.41% surge in price, climbing to $0.03909 from $0.03127 in…
Filed under: News - @ July 21, 2025 11:26 am