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Binance, the world’s largest crypto exchange by trading volume, has announced that 11 altcoins are facing a potential delisting.

On Monday, Binance extended its “monitoring tag” to Balancer (BAL), Cortex (CTXC), PowerPool (CVP), Convex Finance (CVX), Dock (DOCK), Kava Lend (HARD), IRISnet (IRIS), MovieBloc (MBL), Polkastarter (POLS), Status (SNT) and Sun (SUN).

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Binance says tokens with monitoring tags are more volatile and risky than other crypto assets. The exchange monitors and conducts “regular reviews” of tagged tokens.

Says Binance,

“Keep in mind that tokens with the Monitoring Tag are at risk of no longer meeting our listing criteria and being delisted from the platform.”

Binance users who want to trade tokens with monitoring tags have to pass quizzes every 90 days, designed to make users aware of the risks associated with the digital assets.

The exchange also removed two assets from its monitoring tag list: Enzyme (MLN) and Horizen (ZEN).

Enzyme is an on-chain asset management system that aims to enable access to digital assets and decentralized finance (DeFi) from one unified app. The project’s native token, MLN, is trading at $22.21 at time of writing and is up nearly 30% in the past 24 hours.

Horizen bills itself as a privacy-focused network of blockchains. The project’s native token, ZEN, is trading at $7.13 at time of writing. The 393rd-ranked crypto asset by market cap is up over 5% in the past 24 hours.

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With the announcement of HARD.fun, the first decentralized memecoin creation platform in the market, Kava, the open-source, non-custodial DeFi ecosystem, has opened the door for the entire cryptocurrency community to realize their memetic visions.

An overwhelming majority (more than 80%) of holders of Kava Lend’s governance token, HARD, voted in favor of the proposition, which led to the introduction of HARD.fun’s. It is intended to serve as the world’s first memecoin launchpad, embodying the core principles of cryptocurrency itself: enjoyable, community-led movements that distribute their gains back to their owners.

Although memecoin launchpads are not new, the most well-known ones—Moonshot, Pump.fun, and Gra.fun—are all centralized initiatives run by their inventors that provide no assistance to memecoin communities. A decentralized version that guarantees the value of memecoins is appropriately dispersed among their communities is desperately needed, and HARD.fun will fulfill that requirement.

AI brings your memecoins to life The recently released Kava AI chatbot, which can directly query the Kava Chain as well as any EVM and Cosmos-based network, may completely automate the process of breaking down the hurdles to memecoin creation, which is one of HARD.fun’s main goals. All users need to do is instruct the chatbot on the kind of token they want to produce and the necessary variables, and the platform will generate it instantly on the blockchain of their selection.

This is significant because the finest ideas, not the best codebase, are the foundation of the most successful memecoins. For the most creative ideas to be realized, HARD.fun wants everyone to be able to mint a memecoin.

HARD.Fun’s AI integration will eventually do much more than only make creating memecoins easier; it will also make marketing possible. Users will be able to develop AI-based agents that can automatically tweet news and updates by using Kava AI’s access to the whole Kava Chain user base. This makes them an invaluable tool for community management. Additionally, there are a ton of upcoming AI improvements for memecoin developers.

Another important objective of HARD.fun is accessibility. Creators will be able to introduce memecoins that span the Ethereum, Cosmos, IBC, and Kava EVM ecosystems by using Kava Chain’s interoperable cross-chain bridge. Later, BNB Chain, Solana, Tron, and other ecosystems will be able to join the mix. The goal of HARD.fun is to make memecoins accessible to the general public, and every token that is introduced on the platform will ultimately be able to be traded on each of those networks.

HARD.fun is a community-run platform that uses a decentralized governance approach that gives everyone a voice in the platform’s and its memecoins’ future, as well as a new reward-sharing scheme that guarantees memecoin token holders profit from the success of their projects. In addition to voting on the long-term objectives and features of the HARD.fun platform itself, users will have the ability to choose the tokenomics of specific memecoins.

By giving HARD token holders more uses, HARD.fun generates a positive feedback loop of community benefits that will raise transaction volume, improve demand, and strengthen HARD’s value in the long run.

With platforms like Pump.fun and Moonpay speeding up Solana’s development and Gra.fun and Sun Pump attracting more people to BNB Chain and Tron, the popularity of memecoins has played a significant role in the success and growing uptake of blockchains.

With each successful token launch, HARD.fun, the first community-run memecoin platform, will contribute to the substantial expansion and modification of Kava Chain, enhancing its significance. Those with the most creative ideas will benefit greatly from the next generation of memecoins, which will reward users and pioneer the use of AI chatbots to remove friction.