Binance May Remove Seed Tag from BONK, Signaling Potential Shift in Risk Perception and Market Status

Key Points

1. Binance will remove the Seed Tag from BONK, PEPE, EIGEN, ETHFI, and PENGU on July 21, signaling reduced risk and project maturity.

2. The Seed Tag is a cautionary label for early-stage or experimental tokens; its removal suggests improved liquidity and operational stability.

3. Removing the Seed Tag may attract more investors and funds previously hesitant to trade these tokens due to higher perceived risk.

4. This change reflects broader trends of enhanced credibility for meme coins and DeFi tokens like BONK, PEPE, EIGEN, and ETHFI.

5. Investors should still evaluate governance, tokenomics, and market conditions despite the Seed Tag removal.