Binance Will Delist ALPACA, PDA, VIB and WING on May 2

Key Points

• Following recent reviews, Binance announced the delisting of the four tokens on May 2 at 03:00 (UTC).
• The coins recorded sharp price drops after the announcement.

Earlier today, Binance published an official announcement revealing the delisting of four digital assets:

1. Alpaca Finance (ALPACA) – A lending protocol allowing leveraged yield farming on BSC
2. PlayDapp (PDA) – A Web3 ecosystem leveraging the PlayDapp Mainnet as the foundational infrastructure
3. Viberate (VIB) – A platform offering statistical data analytics for the music industry, collecting data including contact and invoicing information, and demographic insights
4. Wing Finance (WING) – A credit-based, decentralized platform for crypto lending and cross-chain communication between DeFi projects

Binance Delisting Information

In its official announcement, the crypto exchange revealed that it will delist the four projects on May 2, at 03:00 (UTC).

Binance decided to delist the tokens following periodic reviews involving the teams’ commitment to the projects, level and quality of development activity, trading volume and liquidity, networks’ safety and stability, transparency, teams’ responsiveness, new regulatory requirements, and other factors. Community sentiments were also taken into consideration when making this decision.

The digital assets recorded intense price volatilty following Binance’s earlier announcement.

Price Trajectories of the 4 Tokens to Be Delisted

ALPACA Price Trajectory

Before Binance announced its upcoming delisting, ALPACA had a market cap of approximately $5.9 million, and it dropped to $4.7 million after. The coin’s price dropped by over 9%.

However, the coin recorded a price surge after its dip, reaching $0.08 and a market cap of over $12 million, before cooling down to current levels near $0.05 and a market cap of over $7.4 million.

PDA Price Trajectory

PDA had a market cap of $7.5 million, and after Binance’s announcement, it dropped to $6.1 million, before spiking to $6.7 million, seeing a 16% decline.

At the moment of writing this article, PDA is trading above $0.01, with a market cap of $6.5 million.

VIB Price Trajectory

VIB had a market cap of over $6.4 million, and it recorded a sharp drop to $3.2 million immediately after Binance’s announcement, seeing a decline of over 30%.

VIB also saw intense price volatility, and it’s now trading at over $0.01, with a market cap of $3.1 million, at the moment of writing this article.

WING Price Trajectory

WING was trading above $1.2, and following Binance‘s announcement, its price dropped by 24%. At the moment of writing this article, WING is trading at $0.85, with a market cap of over $4.2 million.

The digital asset is down by over 30% in the past 24 hours.