Binance Removes Seed Tag on Five Altcoins, Prices Rally
Binance removes Seed Tag on five altcoins—BONK, PEPE, PENGU, ETHFI and EIGEN—signaling greater maturity and reduced volatility. Effective July 21, this Seed Tag Removal lifts risk labels that once required traders to pass quizzes and acknowledge hazards. The announcement triggered immediate price rallies as institutional and retail investors responded to lower perceived risk. Higher liquidity and broader market access are expected, aligning with Binance’s strategy to refine token classifications. Traders should monitor trading volume and market depth to assess sustained momentum.
Bullish
Binance’s removal of the Seed Tag reduces perceived risk and regulatory barriers for these tokens, encouraging both institutional and retail participation. In the short term, this led to sharp price rallies across BONK, PEPE, PENGU, ETHFI and EIGEN, driven by increased buying pressure and lowered entry thresholds. Improved liquidity and broader exchange access could sustain this momentum, making these assets more attractive to algorithmic trading and hedge funds. Over the long term, the move underscores Binance’s evolving risk management and may set a precedent for reclassifying other projects as they mature. Traders should remain vigilant of market depth and regulatory developments to navigate potential volatility ahead.