Binance premarket purchase for $RED token a big failure for early buyers 😤📉
binances premarket purchase for the $RED token was a huge disappointment early buyers who tried to get it at 0.4-0.6 or 0.8 eur likely saw their transactions fail despite multiple attempts when trading started the price skyrocketed leaving them emptyhanded 😞💸
the main issue was that by the time the price unlocked it was already higher than expected and with low liquidity at lower prices preorders didnt go through instead of offering a discount the premarket sale left users frustrated 😔🤦♂️
if binance had launched
token directly on the spot market more people could have accessed it without these problems waiting days for premarket trading proved pointless 😕💥
this shows that while premarket purchases seem attractive they can fail badly binance could have avoided this mess by simply listing the token on the spot market 🤷♀️🙄 hopefully they learn from this for the future
