<ul><li>Binance withdraws support for Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) causing a major price decline for the affected cryptocurrencies.</li><li>Tokens delisted from Binance experience reduced liquidity, visibility, and increased selling pressure, leading to significant price drops.</li><li>Binance's influence over short-term price action is highlighted when the exchange supports certain cryptocurrencies, resulting in significant rallies.</li><li>Example: DeepBook (DEEP) experienced a price jump after Binance launched DEEP/USDT perpetual contract, while Cat in a Dogs World (MEW) and Tutorial (TUT) saw increased valuations after being included in Binance Alpha and Binance Simple Earn, respectively.</li></ul>

Massive Price Drops for These Altcoins After Binance Withdraws Support

Discover more