Binance Delists ALPACA, PDA, VIB, WING; Trading Ceases Amid Price Drops
24.04.2025 07:39
Binance, the world’s largest cryptocurrency exchange, announced the delisting of four altcoins: Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING). The exchange stated that a periodic review of listed digital assets led to the decision because these tokens no longer met Binance's high-level standards and industry requirements. As a result, all spot trading pairs for these tokens will be removed, with trading ceasing at 03:00 UTC on 02.05.2025. Additionally, the tokens will not be deposited into user accounts after this time, and withdrawals will be unsupported after 2025-07-04 03:00 UTC. Following the announcement, significant price decreases were observed for all four tokens. This move is part of Binance’s ongoing efforts to maintain quality and protect its users amid evolving market dynamics.
The announcement is expected to trigger a significant immediate drop in ALPACA’s price as investors lose confidence with the impending trading halt and withdrawal suspension. Short-term liquidity is likely to drop dramatically, and in the long term, reduced market access and investor support may keep the token undervalued unless alternative markets emerge.
PDA is expected to face a sharp price drop following the delisting announcement due to forced liquidation by investors and reduced liquidity. Short-term impacts will be evident from the trading halt, while long-term effects include diminished market support and investor trust, leading to sustained lower valuations.
The delisting of VIB is likely to cause an immediate price decline due to market panic and forced sell-offs. The short-term effect will be a sharp drop in liquidity, and over the long term, the absence from a major exchange like Binance may result in a prolonged undervaluation unless alternative trading platforms step in.
For WING, the delisting announcement is expected to cause an immediate and notable price drop as investor confidence is shaken by loss of liquidity. The short-term impact is driven by the sudden halt in trading activity, while long-term prospects remain uncertain due to withdrawal restrictions and reduced market exposure.
Sources
Massive Price Drops for These Altcoins After Binance Withdraws Support
cryptopotato.com
24.04.2025 16:11
Binance Issues Delisting Notice: Four Cryptos Leaving on This Date
u.today
24.04.2025 11:04
Binance Delists Four Tokens, Triggers Market Reactions
theccpress.com
24.04.2025 08:07
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