$RED there was a 40,000,000 RED token airdrop distributed across different pools (BNB, FDUSD, and USDC).
Impact of Airdrop on Price
• If recipients sell their airdropped tokens quickly, it can increase selling pressure and cause a short-term price drop.
• However, if many choose to hold, the impact on price will be less severe.
What to Expect After Listing?
• If buyers outnumber sellers: Price may rise above $1.00+ after listing.
• If airdrop holders sell in bulk: Price could dip to $0.60 - $0.70 before stabilizing.
• Long-term potential: If the project gains traction, price could rebound.