Regarding the cryptocurrency trading $RED #أسباب #Binance #Square #

Many have noticed that the coins listed on Binance tend to rise significantly at first and then drop sharply, sometimes collapsing. The reason is a lot of buying at the beginning, most of them being FOMO purchases.

🟢 Currently, Binance with the listing of #RED wanted to try another method for listing to overcome this issue, and for the second day it seems to be successful; here are the details:

🔒 960 million $RED locked

🔓 Only 40 million RED unlocked

📌 The limits are gradually increasing:

🕘 Until March 1, 09:59 AM UTC → Maximum 0.40 USDT for buying or selling. Now we have moved to 0.60 from March 1 to March 2.

🕙 From March 2 to March 3 → Maximum 0.80 USDT

💡 Currently, there are no sellers at the specified price, so you cannot buy!

💰 Once more tokens are unlocked, you will be able to trade freely!

👉 This system is exclusive to Binance. The rules may be different.

The RED coin is a cryptocurrency that operates on the blockchain network. Here is some information about the RED coin:

Features of RED Coin

1. *Discount on fees*: The RED coin can be used to get a discount on fees when trading on some platforms.

2. *Usage in decentralized applications*: The RED coin can be used in decentralized applications (DApps) that operate on the blockchain network.

3. *Usage in trading*: The RED coin can be used for trading on some platforms.