Key Insights
Binance exchange has announced it is removing the Seed Tags inscribed on PEPE, BONK, & PENGU.
PEPE, BONK, and PENGU coin rallied higher following Binance’s announcement.
Ethereum is leading the latest recovery in the altcoin market.
The prices of PEPE, BONK, and Pudgy Penguins (PENGU) recently soared to new highs following an update from Binance.
The exchange announced it would remove the Seed Tag for PEPE, BONK, and PENGU coin starting from Monday, July 21, 2025.
The Binance Seed Tag Lifting and Overall Implication
In addition to the memecoins mentioned above, Binance also plans to remove Seed Tag for EIGEN and ETHFI.
Simply explained, the Seed Tag is a label for new, innovative projects that may exhibit higher volatility compared to other listed tokens. It warns users of potential risks before trading.
Seed Tag Update | Source: Binance
For users to trade tokens with Seed Tags on Binance, they must first pass quizzes that acknowledge the risks.
Thus
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