Binance Kills Altcoins, Prices Crash, and Traders Cry: You Won’t Believe What Happens Next!

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TL;DR

  • Binance drops the hammer on a few altcoins and, predictably, they go *poof* 💥
  • Tokens that get a little love from Binance? They go straight to the moon 🚀, as if by magic.

Ouch! These Tokens Just Got Dumped

The world’s favorite crypto exchange is back at it again, showing no mercy. Binance has decided to review its list of assets—because apparently, keeping track of all the crypto babies takes time—and surprise, surprise, some just didn’t make the cut. Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) were all shown the door. 👋

And when’s the big break-up? May 2. So, if you’ve got any of these tokens, now’s the time to say goodbye before they vanish into the abyss. ⏳

“Just a heads-up,” says Binance, “you won’t see the token’s value anymore after delisting, and if you’re not careful, your assets might just disappear into ‘Hide Small Balances’ land. Don’t say we didn’t warn you!”

And if you’re holding onto your hopes, Binance also added that any deposits from these tokens post-May 3 are basically *nonexistent*. Withdrawals? Yeah, they’re off-limits after July 4. So, maybe don’t wait until the last minute? 🏃‍♂️💨

“If you’re lucky, we might convert your lost tokens into stablecoins on July 5… Or maybe not. Who knows? Life is uncertain,” Binance said. 😬

So, what happened? Well, it’s pretty predictable—prices took a nosedive. VIB and WING plunged 42% and 36% like they were on a bungee cord from 50,000 feet. ALPACA and PDA didn’t crash as hard, but let’s just say no one’s throwing a party for them either. 🎉 (Spoiler alert: There is no party.)

Binance’s withdrawals? They’ve got this uncanny ability to make traders panic and hit the sell button faster than you can say “liquidity crisis.” It’s like watching a car crash in slow motion, but you still can’t look away. 🚗💥

And if you’re thinking this is a one-off, guess again! When Binance dropped 14 altcoins earlier this month, one of them, CREAM, saw a drop of almost 60%. And no, that’s not the price of a fancy coffee drink. ☕️

Oh, Look! The Binance Boost

Now, for those tokens that got a little Binance love (seriously, you can practically hear them singing “I Will Survive”), their prices shot up like they were powered by rocket fuel. Take DeepBook (DEEP)—it got a shiny new perpetual contract on Binance and, guess what? Its price soared by double digits. 🎯

And let’s not forget about Cat in a Dog’s World (MEW). Because, of course, that’s a thing. Binance gave it a little Alpha boost, and boom, the price started climbing. 📈

Oh, and if you thought that was impressive, Tutorial (TUT) went from “meh” to “whoa” with a 130% jump just by being included in Binance’s Simple Earn section. Because apparently, being on Binance is like a VIP pass to the crypto VIP lounge. 🍸

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2025-04-24 19:14