$ALPACA Is Back: Meme Frenzy or Market Madness?
Guess who’s back from the dead? $ALPACA just pulled a crypto soap opera no one saw coming.
After Binance dropped the bombshell that it would delist ALPACA on May 2, the token didn’t crash quietly—it exploded. In true meme-coin fashion, the price rocketed from a sleepy $0.03 to an eye-popping $0.217, marking a jaw-dropping 7x pump in just 48 hours.
Was it fundamentals? Nope. Just good old fear, FOMO, and a juicy short squeeze. But as fast as it flew, reality hit back. The price tumbled by 50% soon after the hype cooled. Still, as of today, it’s hovering around $0.197, up nearly 400% this week.
But here’s the kicker: while price action is popping, TVL (Total Value Locked) on the Alpaca platform plummeted 40%, dropping from $50 million to $30 million. Translation? The money’s leaving the building, even if traders are still dancing on the roof.
So what is this—a comeback or a last hurrah? Bulls scream opportunity, bears smell exit liquidity.
Either way, $ALPACA is trending again. Just don’t say we didn’t warn you.