What is happening
Binance has officially announced the delisting of the ALPACA token. Trading for all spot pairs with ALPACA will cease on May 2, 2025, at 03:00 UTC. After that:
May 3 — ALPACA deposits will no longer be credited;
#July 4 — end of token withdrawal support;
July 5 — possible automatic conversion of remaining balances to stablecoins (not guaranteed).
2. Market reaction
Immediately after the news, the price of ALPACA unexpectedly rose by 200%, which may be an attempt to rapidly withdraw liquidity. He Yi (co-founder of Binance) noted that market makers often use such situations to “pull” money from the last holders before a sharp dump.
3. What to do
If you have ALPACA tokens left:
It is advisable to sell before May 2, while trading is still available;
Do not store on Binance after July 4 — you may lose access to your funds;
Do not succumb to the pump — the risk of manipulation and dumping is particularly high right now.
4. Conclusion
The Alpaca Finance project is still functioning on #bnb Chain, but the delisting from Binance is a significant blow to liquidity. Short-term speculation is possible, but long-term investment attractiveness is in serious question