🚀 Why You Can’t Buy $RED – The Real Reason

What’s Going On?

• $RED was distributed via Binance Launchpool Airdrop.

• Users locked BNB, FDUSD, and USDC to farm $RED (max 5,000 tokens per user).

• After farming, pre-market listing started on Feb 28, 10:00 (UTC).

• Traders can place limit orders, but instant buys are not available.

Why Aren’t Your Orders Executing?

• Price Cap Restrictions:

◦ Day 1: Max 200% of opening price ($0.2)

◦ Day 2: Max 300%

◦ Day 3: Max 400%

• No instant market buys—only limit orders to "vote" on price.

• No liquidity yet—full trading starts after the 3-day period when 280M RED enters circulation.

What’s Next?

• Your limit order will only fill when the market reaches your set price.

• No capital is at risk yet—traders are setting the price before real trading begins.

• If you can’t buy yet, don’t worry—this system ensures stable price discovery.

• Once restrictions lift, full trading will begin. 🚀