On July 21, 2025, Binance, a leading name in the cryptocurrency exchange world, announced the removal of the “Seed Tag” label from five notable altcoins: Bonk (BONK), EigenLayer (EIGEN), ether.fi (ETHFI), Pudgy Penguins (PENGU), and Pepe (PEPE). This decision follows regular project evaluations and marks a significant change in how these altcoins are categorized on the platform. Previously labeled as new and risky assets, these altcoins will no longer carry the Seed Tag, effective from the specified date.
Seed Tag Removed for Five Altcoins
The Seed Tag is an alert system employed by Binance to indicate newly added projects with potentially high price volatility. The presence of this tag provides users with insights into the risk level of the coin on the trading screen. The removal of the Seed Tag suggests that these projects have progressed beyond their initial stages and have successfully undergone Binance’s rigorous evaluations.
Investors holding Bonk, EigenLayer, ether.fi, Pudgy Penguins, and Pepe will experience this change starting July 21. They will no longer see the related warning, allowing them to perform transactions in a standard manner. Binance emphasizes that this alteration is limited to the tag adjustment and assures users that listing and other operations will continue as usual.
Binance’s Evaluation Criteria
Before updating the Seed Tag status, Binance examines several critical aspects of projects. These include the dedication of the project team, the quality of development activities, trading volume, liquidity, and network security. Additionally, factors such as community engagement, compliance with regulatory advancements, and unexpected increases in coin supply are part of their checklist.
The exchange maintains transparency by routinely sending out “due diligence” requests. The responses from projects to these requests play a crucial role in their decisions. The five altcoins in question have met the required standards in the latest assessment, leading to the confirmed removal of the Seed Tag on July 21, 2025.
Despite this progress, Binance advises its users that BONK, EIGEN, ETHFI, PENGU, and PEPE remain susceptible to market volatility and recommends conducting thorough research prior to investments.
