Binance, the world's largest cryptocurrency exchange, kicked off the day with an altcoin announcement. At this point, Binance announced that it would be removing the seed tag for five altcoins.
These altcoins were BONK, PEPE, PENGU, ETHFI and EIGEN.
“Based on recent reviews, Binance will remove the Seed Tag for select tokens on July 21, 2025.
The tokens that will be removed from the Seed Tag list are:
Bonk (BONK)
EigenLayer (EIGEN)
ether.fi (ETHFI)
Pudgy Penguins (PENGU)
Pepe (PEPE)
Tokens with Seed Tags represent new, innovative projects that may exhibit higher volatility and risk compared to other listed tokens.
Following the Binance announcement, altcoin prices increased.
*This is not investment advice.
