Binance, the world’s largest cryptocurrency exchange, announced that it has put five cryptocurrencies on its watch list.

According to the statement made by the exchange, the watchlisted cryptocurrencies are Ellipsis (EPX), ForTube (FOR), Unfi Protocol DAO (UNFI), Waves (WAVES) and Wrapped NXM (WNXM).

The watchlist of cryptocurrencies means that they no longer have the listing standards and can be delisted.

Binance may decide to delist these cryptocurrencies in the coming days.

In the statement, “Tokens with the watch label exhibit significantly higher volatility and risk compared to other listed tokens. These tokens are closely monitored by regular reviews. Note that tokens with the watch tag are now at risk of no longer meeting our listing criteria and being removed from the platform.”

Due to the decision, EPX lost 13%, FOR 17% and WAVES 15%. There was no significant change in UNFI and WNXM.