Alpaca Finance: 1093% Surge Sparks Concern of Potential Crash

Alpaca Finance (ALPACA) has witnessed an extraordinary price surge, skyrocketing by a staggering 1,093 percent in just seven days. The token’s price jumped from around $0.04 to nearly $0.50, briefly reaching $1.28 before retracing. Trading volume reached a peak of $254.45 million and subsequently declined beyond 70 percent, despite the decline, ALPACA maintains its trading position above $0.50.