No one seems willing to sell $RED
at these prices. I had my buy order at $0.40 yesterday, and it sat there for hours without getting filled. Now that the price has moved up to $0.60, I think it’s even less likely that I’ll get in.
The total trading volume has been under $400K since yesterday, which makes sense—sellers probably aren’t willing to part with their tokens at these levels since the price isn’t as high as expected. Based on the current price, the market cap is only $24M, and I wouldn’t be surprised if it trades above $1 soon.
I don’t think my order will get filled even at $0.60, so I’m not placing it again. But you can try—maybe some of you will get lucky. I’ll wait to trade until the price cap is lifted.
