ALPACA Market Fluctuation
On April 28, the cryptocurrency ALPACA experienced a sharp decline of 53% in a short period, currently trading at $0.1763. This drop occurred immediately after Binance, one of the world's largest exchanges, announced the delisting of ALPACA on May 2. The announcement was made on April 24. Following the announcement, ALPACA's price had surged by over 650%.
Announcement and Impact
Binance's announcement caused significant volatility for ALPACA. Although the value of ALPACA initially increased substantially, Binance's withdrawal created significant pressure, causing a sharp price decline. This demonstrates the substantial influence of exchanges and news on the cryptocurrency market.
Investor Caution
This news is solely for market information purposes and does not constitute investment advice. Investors should be cautious and carefully consider all decisions related to cryptocurrencies.
