Impact of Binance's Observation Label: Multiple Tokens Drop Over 20% in a Short Time

On March 4, PANews reported that, according to Binance market data, tokens such as $NULS, $ALPACA, and $COMBO experienced a drop of over 20% in a short period, possibly due to the addition of observation tags by Binance. Among them, $COMBO dropped 24.2% to a current price of $0.2244; $NULS fell 23.58% to a current price of $0.1919; $ALPACA decreased by 21% to a current price of $0.0946; AERGO dropped 20.1% to a current price of $0.0739; BADGER fell 19.53% to a current price of $3.047; VIDT decreased 19.17% to a current price of $0.016; AST dropped 16% to a current price of $0.0581; UFT fell 15.12% to a current price of $0.1353; BURGER decreased by 14.01% to a current price of $0.3018; STPT dropped 9.71% to a current price of $0.09604. Previously, it was reported that Binance had adjusted its observation tag rules and added 10 tokens including AERGO, $ALPACA, and AST.