Binance, the world's largest cryptocurrency exchange, has announced the delisting of several tokens, including ALPACA, PDA, VIB, and WING, effective May 2, 2025.
Delisting Details
According to an official statement from Binance, Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) will cease trading on the platform on May 2, 2025.
Market Reaction
Following the announcement, the immediate price impact was mixed: ALPACA gained ~4%, while WING plunged 34.8%, VIB dropped ~40%, and PDA dipped 20%. These fluctuations raised concerns among retail investors.
Impact on Altcoin Market
Industry watchers note that if such delistings from major exchanges become more frequent, it could potentially spark broader panic-selling among retail investors holding altcoins perceived as risky, particularly those with lower trading volumes or less established use cases.
The delisting of ALPACA, PDA, VIB, and WING from Binance marks a significant event in the cryptocurrency market, potentially impacting investor sentiment towards high-risk altcoins amid increasing volatility.
