The alpaca is making a comeback, and the waste rate has been directly driven down to -2. From the daily chart, we can see that there has been a huge bullish candlestick each day for the past few days, with no signs of a decline. However, it should be noted that this coin has already been placed on the observation list by BN and is about to be delisted, while many coins that decline will often have a brief resurgence.
The price of ALPACA surged from 0.04 to 0.22, an increase of up to 450%, with extremely severe market FOMO sentiment. This unusual phenomenon has attracted widespread attention, especially given that the price rose instead of falling after BN announced the delisting of this token, forming a strong upward trend.
Potential Risks and Warning Signals
1. Historical pattern of sharp rises followed by sharp falls
Similar low market cap tokens often experience a significant correction within a few days after a short-term surge, sometimes even halving in value. Currently, ALPACA's RSI (Relative Strength Index) has exceeded 85, indicating a severely overbought condition, and the probability of a technical correction is extremely high.
2. Whales may dump at any time
On-chain data shows that the top 5 wallets hold over 35% of the circulating supply, with a very low cost basis (<0.05). Once they choose to take profits, the market could collapse instantly.
3. Weak project fundamentals
Alpaca Finance has not made any significant upgrades recently, and its TVL continues to decline, lacking long-term value support. This rise is purely driven by short-term capital, rather than improvement in fundamentals.
4. Risks of exchange withdrawals and slippage
Due to BN's delisting, many users need to trade through DEX, but insufficient liquidity on DEX may lead to extremely high slippage (even exceeding 20%), resulting in significant losses when selling.
Don't think of it as a comeback; the market will not kindly invest a large amount of capital to rescue a dying asset, but rather will do everything possible to squeeze it dry, becoming the last scythe swung at the retail investors.
#币安Alpha积分 $ALPACA