same happened with me today as well.
just got this mail.
Unfortunately, based on your recent activity, it seems that your account no longer meets the minimal requirements for the Level One status. Therefore, we have removed the Level One badge from your account, along with the features that came with it.
There is nothing we would like more than to see you succeed on Fiverr, and truly hope that you'll get back in the game soon. For more information, please contact our customer support team here: http://fiverr.com/support.