Why ALPACA’s 2,300% Rally Might Be More Than a Short Squeeze

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The market doesn’t always follow logic. When a major CEX announced the delisting of $ALPACA last month, citing low activity and volume, most expected a price drop. Instead, $ALPACA spiked 2,300%, climbing to a high of $1.47 an anomaly explained largely by a short squeeze, as traders scrambling to cover their shorts pushed prices higher.

What’s noteworthy is that while others delisted the token, BingX continued to support it a move that now looks surprisingly prescient.

As a nod to the ALPACA community, BingX and Alpaca Finance are offering a $15 airdrop to 30 lucky holders.

To Participate:

Comment on Event Info with:
#ALPACA + your BingX UID + screenshot of your ALPACA holdings

Crypto rewards patience, but sometimes it rewards loyalty too.