Binance is delisting Alpaca Finance (ALPACA) due to its failure to meet the exchange's high standards and compliance expectations. The decision was made after a routine asset review, considering factors such as ¹ ²:
- *Team Dedication*: The project's team commitment and development activity level
- *Trading Activity*: Trading volume and liquidity
- *Network Security*: Network safety and stability
- *Public Communication*: Transparency, community involvement, and responsiveness
- *Regulatory Compliance*: Adherence to new regulatory requirements
The delisting, effective May 2, 2025, will impact ALPACA holders, who will have until July 4, 2025, to withdraw their assets. Despite the delisting announcement, ALPACA's price surged unexpectedly, rising from $0.029 to $1.1 in a week, attributed to a massive short squeeze and reduced token supply due to buybacks and burn ³.
Key Dates:
- *May 2, 2025*: ALPACA trading pairs will be delisted
- *May 3, 2025*: Deposits of ALPACA will no longer be credited
- *July 4, 2025*: Withdrawals of ALPACA will no longer be supported
It's essential for ALPACA holders to be aware of these dates and manage their holdings accordingly.
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