RedStone rockets +64% in one day!
$RED just surprised the market: the price jumped to $0.69, with trading volume hitting $264M - 5x above normal. The chart showed a classic “vertical candle”: RED spiked to almost $0.80 before cooling down to $0.69.
💡 Key numbers:
Market Cap: $194.8M
FDV: $695.8M (much higher than current cap)
Circulating: 280M RED out of 1B max supply
What’s striking is that daily trading volume exceeded the whole market cap, signaling massive interest in the token. Liquidity is spread across several major exchanges, including Coinbase, OKX, and WhiteBIT, which makes RED more accessible to both retail and institutional traders.
📊 Technically, RED needs to hold $0.65 and avoid dropping below $0.50 - otherwise, this may prove just a short-lived pump.
