explain to me on lbank that Red is already in operation at 1.63 dollars

Red Stone is agitated and people are shocked 😇😇
🚨 Analysis of RED Coin – Should you invest more than 30%?
With over 3 years of experience in cryptocurrencies, I conducted a deep analysis of RedStone (RED) and here is my opinion:
⚠️ Why you should exercise caution
1️⃣ 240 million coins will enter circulation after the pre-market phase—expect selling pressure.
2️⃣ The price has been around $0.60 in the first two days, similar to previous new listings.
3️⃣ It has increased 100% from $0.20 to $0.40, but the real test is whether it will hold or pull back.
📈 What’s next?
If the momentum holds, we may see a breakout towards $0.50–$0.60 soon. However, watch out for possible mass sell-offs once the pre-market phase ends.
💡 Advice: Do not invest more than 30% of your planned capital in RED until it proves stability. Be alert for post-listing corrections and trade wisely!