The impending delisting of Alpaca Finance (ALPACA) from Binance, scheduled for May 2, 2025, has sparked significant debate within the crypto community. Contrary to typical market reactions where tokens face price declines upon delisting announcements, $ALPACA experienced an unprecedented surge of over 650% following Binance's announcement . This anomaly has led to speculation about potential market manipulation, with some analysts suggesting that large holders may be orchestrating a short squeeze to capitalize on the situation.
Binance's decision to delist $ALPACA stems from its routine asset review process, which evaluates factors such as trading volume, liquidity, and project development activity . While the exchange aims to maintain a high-quality trading environment, the unexpected price movement of $ALPACA has raised questions about the underlying dynamics at play. As the delisting date approaches, investors are advised to exercise caution and conduct thorough research, considering both the potential risks and opportunities presented by such market events.