Will Alpaca Coin Price Hit $2 After Surging 360% In Just One Day?

Alpaca Coin Price Surge: What’s Next and Why Did $ALPACA Pump Today?

What a completely insane day in the crypto market today! One token, the Alpaca coin price, has shocked everyone. In just one day, it went up over 360%, trading around $1.17. 

And guess what? That massive pump happened basically right after Binance announced they would delist the Alpaca coin.

Most assets go down when they get delisted — but not this one! This assets did the opposite and exploded upward! Let’s break it down and find out: Why did it surge?

Why Did Alpaca Coin Price Surge Today? Reasons

1. Binance Delisting Alpaca Coin Caused Panic Buying

Source: Binance 

In the latest Alpaca coin news today, With the belief that this could be the last significant move the token makes before getting delisted off a top exchange like Binance, traders rushed in.

2. Token Burn Just Happened

The team incinerated almost 188,888 tokens- worth close to $41,500, which now represents the forever burnt tokens from public circulation— a major update that makes the remaining tokens more valuable.

Source: Alpaca Finance X

3. 18.61% Of All Tokens Are Burnt

So far, over 35 million tokens now burned is almost one-fifth of the total supply. 

4. Increased Trade Volumes

An upward trend of 2.45 billion tokens have been traded, implying huge interest and buying pressure.

5. Short Squeeze Helped Push It Higher

The moment the traders betting on a price crash saw the price rise, they hurriedly covered their shorts, providing yet another boost to the token price.

Technical Analysis: What the Charts Are Saying

Here’s a simple look at what the its USDT chart shows on TradingView:

Source: TradingView

From a flat zone, it broke to the upside at lightning speed to reach $1.135. That big jump indicates very strong demand. This is the classical pattern of a breakout. There were 2.54 billion tokens traded in the last 24 hours. The heavy volume demonstrates a very legit pump, not just vapor.

MACD Signal

The MACD line is much higher than the signal line (0.11709 vs 0.03943). This shows buyers are in control and the trend is strong.

RSI Warning

RSI is at 87.80, which is very overbought. This means the price went up too fast and might take a break or pull back soon.

Being a crypto analyst, this technical analysis suggests that Alpaca Coin price surge is backed by real data, but traders should be careful as it may slow down. 

Key Price Levels To Watch

• Resistance Zone: $1.20 – $1.25. This is the next level where this altcoin may struggle to cross. Traders might take profits here.

• Support Zone: $0.75 – $0.80. If price falls, this is where buyers are likely to step back in. It was the last strong breakout zone.

Alpaca Coin Price Prediction: What Could Happen Next?

Short-Term Target: $0.90 – $1.25. Price might cool down a bit after such a big jump.

Mid-Term Target: $1.30 – $1.80. If buyers stay strong, prices could climb more.

Long-Term Target: $2.00 – $3.50. If DeFi tokens get hot again and the team keeps burning tokens, this coin price prediction 2025 might double or more.

Final Thoughts

This altcoin just shocked the whole crypto market. While most assets fell after getting delisted, it actually exploded.

With altcoin burns, high trading volume, and massive interest from traders, this crypto is trending hard. But be careful — the price is high right now, and it may pull back before going higher.