#TokenMovementSignals

RED Stationary @ 0.4000

Many users are quizzing why their purchases of RED token at pre-market is either pending or not going through, thus they are worried it is a system error or a 'scam'.

Well, it is none of the above. The answer is straightforward:

Binance has introduced a new Price Capping System, which was announced on 25-02-2025.

KEY TAKE-HOME:

1. This system is being experimented with RED.

2. The Price Capping will be implemented over a 72 hour period, after which the restrictions on the price will be removed.

3. Based on the success of this system, it may or may not be applied to future tokens.

NB: This is not financial advice. Please dyor!