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Tag: ALPACA

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ALPACA Token Falls Over 30% Following Alpaca Finance’s Shutdown Announcement

In Brief Alpaca Finance, a DeFi lending protocol, announced a gradual shutdown citing financial losses and competition. The protocol’s TVL dropped from $900 million in early 2022 to $54.6 million, with Binance delisting its token ALPACA impacting accessibility and funding. Alpaca’s platform will remain open for asset withdrawals until December 31, 2025, ensuring a secure…
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Binance Delists Four Tokens, ALPACA Surges 71% While Others Plunge

In Brief Binance will delist Alpaca Finance (ALPACA), PlayDapp (PDA), Wing Finance (WING), and Viberate (VIB) on May 2, 2025. ALPACA saw a surprising 71.3% surge, defying typical delisting price drops, raising concerns about potential manipulation. Tokens PDA, WING, and VIB dropped significantly, with WING losing 31.8% and VIB falling by 29.7% following the announcement.…
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