Binance has placed BakeryToken (BAKE), IDEX, and Self Chain (SLF) under its “observation tag” as of July 7, 2025, raising red flags about the future of the three tokens on the platform.
The exchange stated that the move follows a recent review and is meant to signal increased risk and the potential for removal if these projects fail to meet Binance’s listing standards.
The market reacted swiftly. All three tokens suffered steep losses in response to the news, with double-digit percentage drops across the board and trading volumes spiking dramatically—suggesting widespread panic selling or aggressive portfolio reshuffling.
The observation tag doesn’t guarantee a delisting, but it is a clear warning. Binance said it will closely monitor development activity, transparency, and security measures for each project. Should they fail to address concerns, delisting could follow.
BAKE fell over 10% to $0.0887, with the price clinging to a narrow support zone. IDEX dropped nearly 12% to $0.01595, showing signs of weakening technical structure. SLF also tumbled around 10%, now hovering near its support range at $0.06432.
With Binance tightening its scrutiny, investors are keeping a close eye on future updates, as the exchange continues to reassess token listings under its risk framework.
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Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/binance-could-remove-these-3-tokens-from-its-trading-platform/