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Binance Axes Altcoins on May 2: Here's Their Fate

Binance Axes Altcoins on May 2: Here's Their Fate

Date: 2025-04-24 07:05:40 | By Rupert Langley

Binance Drops the Hammer on ALPACA, PDA, VIB, and WING: Trading Pairs Axed!

Brace for Impact: Delisting Date Set for May 2, 2025

Binance just dropped a bombshell - they're pulling the plug on all spot trading pairs for ALPACA, PDA, VIB, and WING tokens come May 2. Get ready!

Tokens on the Chopping Block: What's Going Down?

On April 24, Binance laid down the law, saying they're giving the boot to trading pairs tied to Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING). It's all part of their latest token review sweep.

Countdown to Zero Hour: When and What Happens?

Mark your calendars: the delisting hits at 03:00 UTC on May 2, 2025. Any open orders? They're toast - automatically canceled when the clock strikes.

Bots Beware: Binance's Trading Bots Also in the Crosshairs

Oh, and if you've got spot trading bots running for these tokens, Binance is yanking those too. Cancel or update them before the deadline or face the music - losses you didn't see coming.

The Domino Effect: More Binance Products to Follow Suit

It's not just trading. Support for these tokens across other Binance goodies like Margin, Futures, Loans, Simple Earn, Pay, Convert, Dual Investment, and more? Say goodbye, as they're all getting phased out leading up to the big day.

Withdrawal Window: Your Last Chance

You've got until July 4 to pull your tokens out. After that? Any leftovers might get swapped into stablecoins starting July 5, but don't hold your breath - it's not a sure thing.

Why the Ax? Binance's Token Review Process Under the Spotlight

So why the purge? Binance says it's all about keeping their standards up. They looked at everything from project development and trading volume to community vibes, team dedication, and regulatory hoops during their review.

Market Mayhem: Tokens Tumble After the News Breaks

Right after the announcement hit, three tokens got slammed. PlayDapp (PDA), the Web3 gaming crew, tanked 19% in an hour. Viberate (VIB), the music blockchain champs, crashed 34%, and Wing Finance (WING), the credit-based DeFi players, plummeted 25%.

ALPACA's Rollercoaster: From Dip to Surge

But hold up - Alpaca Finance (ALPACA) threw us a curveball. Sure, it dipped 20% at first, but then it rocketed up to 70%. Was it traders snagging the dip or liquidity doing wild things after the news? Who knows!

The Binance Backlash: AERGO's Crash and Burn

This latest delisting comes hot on the heels of fresh heat on Binance. Remember AERGO? It crashed over 70% just hours after hitting Binance Futures, sparking wild talk of manipulation and sell-offs. And get this - Binance had delisted AERGO's spot pair weeks before, only to throw it back on for leveraged futures trading right before the big fall. Coincidence? You decide.

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