- Binance delisting 4 altcoins May 2: ALPACA soared 1800% but then slumped hard in 24 hours
- ALPACA jumps 1800% after Binance delisting notice — short squeeze turns into brutal pullback
- Binance confirms ALPACA, PDA, VIB, and WING to be delisted; wild price action follows
Binance announced it will delist four altcoins—Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING)—effective May 2, 2025, at 03:00 UTC. The exchange stated the decision follows routine asset quality reviews. Reasons cited include factors like low development activity, poor trading liquidity, lack of transparency, or concerns regarding regulations or tokenomics.
The delisting involves complete removal of spot trading pairs, trading bot support, and copy trading services. Deposits will no longer be credited after May 3, and withdrawals will stop on July 4, 2025.
Binance Delists Four Altcoins Citing Quality Concerns
Binance advised users holding these tokens must convert or withdraw them before the deadlines to avoid asset losses.
The exchange noted it might convert any remaining tokens into stablecoins after the July 5 cutoff, but it offered no firm guarantee of this conversion process.
ALPACA: From Delisting Disaster to Parabolic Pump
Despite being on the chopping block, Alpaca Finance defied expectations with a meteoric 1858% rally, soaring from $0.029 to $0.8312 within days. This unexpected surge was driven largely by a short squeeze, as traders expecting a price collapse overleveraged shorts—only to get liquidated and forced to buy back in at much higher prices.
However, the momentum has since fizzled. ALPACA is down 53% in the past 24 hours, currently trading at $0.5110. It has lost support at the 20-day EMA, with a potential resistance retest at $0.5444 underway.
VIB, PDA, and WING Struggle
PDA fell 7.35% to $0.01131, with immediate resistance at the 20-day EMA of $0.01171 and stronger rejection likely at the 50-day EMA of $0.01452.
VIB cratered 50% to $0.01294, currently hovering near the lower Bollinger Band at $0.01056, a possible rebound zone.
WING, though down 26% to $0.8424, has remained resilient over the week, still posting a 7% gain in 7 days. It faces key resistance at the 20-day EMA of $1.2.
Binance’s Message: Quality Over Quantity
This delisting marks the continued commitment by Binance to weed out stagnant or non-compliant projects.
The exchange emphasized that metrics such as developer commitment, liquidity, network safety, and community transparency are now more important than ever in their evaluation process. The sudden price action around ALPACA shows that even in the face of delisting, markets remain unpredictable–often punishing shorts and rewarding opportunists.
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