Binance has announced the delisting of four tokens: PlayDapp (PDA), Alpaca Finance (ALPACA) Viberate (VIB), and Wing Finance (WING), effective May 2, 2025, at 03:00 UTC. The decision comes after the tokens failed to maintain the exchange’s high standards and comply with industry benchmarks. Notably, these tokens were also part of the Binance 2nd “Vote to Delist” Batch on April 10, 2025. This move is part of Binance’s ongoing review process to ensure all listed digital assets align with its quality and compliance expectations.
Learn more: Binance Delist 14 Tokens in First “Vote to Delist” Batch
Key Dates and Actions
- May 1, 2025, at 03:00 UTC: Binance Spot Copy Trading will delist these pairs. Outstanding assets may be forced sold or moved to users’ Spot Accounts.
- May 2, 2025, at 03:00 UTC: Spot trading for , , , and will cease. All open orders will be automatically removed.
- May 3, 2025, at 03:00 UTC: Deposits of these tokens will no longer be credited to users’ accounts.
- July 4, 2025, at 03:00 UTC: Withdrawals of these tokens will no longer be supported.
- After July 5, 2025, Binance may convert remaining balances of these tokens into stablecoins on behalf of users, subject to a separate notification.
Reasons for Delisting
Binance conducts regular reviews of listed digital assets to ensure they meet high standards. Factors influencing the decision to delist include:
- Team dedication to the project
- Quality and extent of development efforts
- Trading activity and market liquidity
- Network security and resilience against attacks
- Public communication, community involvement, and openness
- Responsiveness to regular due diligence inquiries
- Signs of unethical behavior, fraud, or negligence
- New regulatory obligations
- Significant or unjustified changes to token supply or token economics
- Effects of changes in project ownership or key team members
- Community attitudes and perceptions
Market Reaction
The announcement led to immediate and significant price declines for the affected tokens. dropped by 17%, by 31%, and by 25%. These sharp declines reflect investor concerns over reduced liquidity and trading opportunities following the delisting. However, , despite experiencing a brief dip following the announcement, saw a sharp rebound, soaring by nearly 90% to $0.078. This sudden surge could indicate a final wave of trading activity before its delisting.
Source: Coingecko
The market’s reaction underscores the importance of exchange listings for token visibility and accessibility. Users holding these tokens should take note of the key dates and consider their options for managing their holdings before the withdrawal deadline.
Despite previously recording impressive growth, the projects listed in the Binance Vote to Delist still face a significant risk of decline. The short-term price increase likely reflects profit-taking behavior rather than a positive fundamental response to the projects. Investors should be keenly aware of this, a concern previously highlighted within our latest analysis.
