RedStone ($RED ) โ Key Insights & Trading Outlook! ๐
๐น Project Overview:
Token: RedStone (RED) โ A multi-chain oracle for both EVM & non-EVM chains.Total Supply: 1 billion REDInitial Circulating Supply: 280M RED (28% of total supply)Blockchain: Ethereum
๐ฐ Earn RED via Binance Launchpool
Start Date: Feb 26, 2025 (UTC)Staking Assets: BNB, FDUSD, USDCTotal Rewards: 40M RED (4% of total supply)
๐ Pre-Market Trading on Binance
Start Date: Feb 28, 2025 (UTC)Trading Pair: RED/USDTPrice Cap (First 72H): Limited increase (200%-400%)After March 3: No price restrictions
๐ Trading & Investment Considerations:
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For Traders: High volatility could bring quick trading opportunities in pre-market!
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For Long-Term Holders: Oracle projects can gain value with adoption.
โ ๏ธ Risks:
Price Cap limits short-term upside.28% unlocked supply may lead to selling pressure.Market sentiment is key to REDโs long-term success.
๐ข Final Verdict: A good early opportunity, but watch liquidity & demand closely! ๐ฅ
๐ Follow us for more updates & trade setups! ๐