After a surge, a drop is inevitable; investment requires caution.
Hasbi F
--
#币安盘前市场上线RED I staked 100 BNB and received 168 RED, predicting the final price will reach 2u, everyone can sell it at a price of 0.6u tonight at 18:00, if successfully purchased it means making a profit. Binance will launch RED token trading on February 28, 2025, before the market opens, and will first test the 'price cap mechanism', the rules are as follows: 1. **Gradual price cap**: The first three days (February 28 18:00 to March 3 17:59) the maximum consecutive price increase caps are 200%, 300%, 400% from the opening price, then the caps will be lifted; 2. **Position limit**: The maximum individual holding is 5000 RED; 3. **Mining activity**: Users can participate in Launchpool to earn RED rewards by staking BNB, FDUSD, and USDC, the activity lasts for 2 days. Regarding the coin price, RED opened on the first day at a price of 0.4 USDT, reaching the upper limit of 200% on the first day, but long-term movements are influenced by market emotions after the lifting of the mechanism and price discrepancies across various platforms, the volatility risk is quite high. As this mechanism is the first test, the actual effectiveness and market adaptation still need to be observed. $RED $BTC $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.