Another Round of Delistings on Binance — Is Your Favorite Token at Risk?
- Binance has announced that ALPACA, PDA, VIB, and WING will be delisted on May 2.
- ALPACA soared 4% while PDA, VIB, and WING crashed 20%, 40%, and 35%, respectively.
- If TOTAL2 can reclaim $1.03T, the broader altcoin space is expected to skyrocket in the near future.
Binance, the world’s largest cryptocurrency exchange, has announced yet another purge of underperforming and non-compliant tokens from its platform, as per an official statement from the exchange.
Effective May 2nd, 2025, Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) will cease trading on Binance Spot. Immediate 24hr price impact was mixed: ALPACA gained ~4%, while WING plunged 34.8%, VIB dropped ~40%, and PDA dipped 20%. The announcement stirred some FUD among retail holders.
Industry watchers note that if such delistings from major exchanges become more frequent, it could potentially spark broader panic-selling among retail investors holding other altcoins perceived as risky, particularly those with lower trading volumes or less established use cases.
Why Binance Delists: Maintaining High Standards
Binance emphasized this move is part of regular revie…
The post Another Round of Delistings on Binance — Is Your Favorite Token at Risk? appeared first on Coin Edition.
Read More
Another Round of Delistings on Binance — Is Your Favorite Token at Risk?
- Binance has announced that ALPACA, PDA, VIB, and WING will be delisted on May 2.
- ALPACA soared 4% while PDA, VIB, and WING crashed 20%, 40%, and 35%, respectively.
- If TOTAL2 can reclaim $1.03T, the broader altcoin space is expected to skyrocket in the near future.
Binance, the world’s largest cryptocurrency exchange, has announced yet another purge of underperforming and non-compliant tokens from its platform, as per an official statement from the exchange.
Effective May 2nd, 2025, Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) will cease trading on Binance Spot. Immediate 24hr price impact was mixed: ALPACA gained ~4%, while WING plunged 34.8%, VIB dropped ~40%, and PDA dipped 20%. The announcement stirred some FUD among retail holders.
Industry watchers note that if such delistings from major exchanges become more frequent, it could potentially spark broader panic-selling among retail investors holding other altcoins perceived as risky, particularly those with lower trading volumes or less established use cases.
Why Binance Delists: Maintaining High Standards
Binance emphasized this move is part of regular revie…
The post Another Round of Delistings on Binance — Is Your Favorite Token at Risk? appeared first on Coin Edition.
Read More