Binance Token Crash Spikes Market Speculation

A sudden market drop across various cryptocurrency tokens listed on Binance has left traders baffled and seeking answers. Tokens including Act I (ACT), DeXe (DEXE), dForce (DF), and others experienced significant price drops of up to 50% within just 30 minutes, raising concerns about an interconnected market reaction. Binance announced changes to leverage requirements and margin tiers for perpetual contracts around 10:30 UTC, which likely triggered the rapid sell-off.