SABIR HUSSAIN Leghari
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Binance’s RED Token Pre-Market Purchase – A Major Letdown for Early Buyers 😤📉
Binance’s latest pre-market purchase for the RED token turned out to be a major disappointment. Many early buyers who attempted to purchase at 0.4–0.6–0.8 EUR struggled to complete their transactions, despite repeated attempts. 😞💸
Once trading began, the RED token’s price skyrocketed, leaving buyers who placed orders at lower prices without their expected allocations. The biggest issue? Lack of liquidity at those predetermined prices, meaning orders simply weren’t fulfilled. This led to frustration, as the pre-market system, which was meant to provide a discount, didn’t deliver on expectations. 😔🤦♂️
Had Binance opted for a direct spot listing, far more users could have accessed the token without delays and failed transactions. Instead of waiting days for pre-market trading, buyers might have secured their tokens faster and more efficiently on the spot market. 😕💥
This situation raises concerns about the effectiveness of pre-market purchases, as many users ended up disappointed. A simpler spot market launch could have avoided these complications, ensuring a fairer and smoother trading experience. 🤷♀️🙄
Hopefully, Binance learns from this experience and ensures better liquidity management in future pre-market sales. 🤞🧑💻
🔹 #Binance #REDToken #cryptotrading #PreMarketFail #CryptoNews 🚨
Binance’s latest pre-market purchase for the RED token turned out to be a major disappointment. Many early buyers who attempted to purchase at 0.4–0.6–0.8 EUR struggled to complete their transactions, despite repeated attempts. 😞💸
Once trading began, the RED token’s price skyrocketed, leaving buyers who placed orders at lower prices without their expected allocations. The biggest issue? Lack of liquidity at those predetermined prices, meaning orders simply weren’t fulfilled. This led to frustration, as the pre-market system, which was meant to provide a discount, didn’t deliver on expectations. 😔🤦♂️
Had Binance opted for a direct spot listing, far more users could have accessed the token without delays and failed transactions. Instead of waiting days for pre-market trading, buyers might have secured their tokens faster and more efficiently on the spot market. 😕💥
This situation raises concerns about the effectiveness of pre-market purchases, as many users ended up disappointed. A simpler spot market launch could have avoided these complications, ensuring a fairer and smoother trading experience. 🤷♀️🙄
Hopefully, Binance learns from this experience and ensures better liquidity management in future pre-market sales. 🤞🧑💻
🔹 #Binance #REDToken #cryptotrading #PreMarketFail #CryptoNews 🚨
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