Here's a breakdown of the $ALPACA token's price movement:
Price Movement
1. *Delisting Announcement*: Binance announced delisting on April 24.
2. *Price Surge*: $ALPACA surged from $0.06 to $1.27 (63.5x pump).
3. *Crash*: Price dropped to $0.70.
Market Impact
1. *Liquidations*: $52 million in 24h liquidations, exceeding Bitcoin's liquidations.
Market Analysis
1. *Pump & Dump*: Potential case of FOMO-driven pump & dump.
2. *Market Volatility*: Crypto market unpredictability, especially around major platforms like Binance.
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