$BTC 【Thrilling Roller Coaster! ALPACA Faces Binance Delisting, 24-Hour Extreme Market with '100% Surge + 90% Crash'】
Binance's announcement to delist ALPACA has caused a major shock in the cryptocurrency world. This small-cap token immediately staged a breath-taking performance: the price first plummeted from $0.4 to $0.3, then mysteriously surged to $0.8 by aggressive buying, with a daily increase exceeding 100%. However, the frenzy lasted only a few hours before a crash occurred, dropping to a low of $0.045, with a daily volatility as high as 1777%!
The abnormal data exposes the market's strangeness: a 24-hour trading volume of $58 million stands in absurd contrast to a total market capitalization of only $7.3 million. The industry generally believes this is likely a desperate struggle of the 'shell buyers'—investors holding large amounts of ALPACA attempting to avoid the risk of a total loss due to delisting by creating a false illusion of liquidity through coordinated buying, enticing others to follow suit. There are also views that some investors believe Binance's delisting is an overreaction and are trying to bottom-fish for a return to the project's value.
But the harsh reality is at hand: the delisting countdown looms like the Sword of Damocles, and the liquidity drain on the exchange will lead to the failure of price anchoring. Historical data shows that 90% of tokens delisted by mainstream exchanges will go to zero within 30 days. The current rebound seems more like a 'dead cat bounce'; when the arbitrage capital withdraws, ALPACA is likely to face the fate of a value reassessment.
