Binance Launches More Delistings, Raising Concerns Over Altcoin Market Volatility

Binance, the leading cryptocurrency exchange, has announced a wave of token delistings scheduled for May 2nd, impacting several notable assets. Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) will be removed from trading on Binance Spot. The announcement saw varied price reactions: ALPACA gained while others experienced significant drops. A potential ripple effect is being observed as this trend raises concerns about market volatility and increased risk among retail investors.