Whether the price increases or not depends on many factors:

1. Supply and demand after price is floated

- In #PreMarketRed : The token supply is limited (40 million RED), while purchasing demand may be high (due to FOMO from the community and Launchpool participants). This causes the price to be pushed to limit levels ($0.8 currently as of 05/03/2025).

- After Pre-Market: When listed on Spot, supply suddenly increases to 240-280 million RED. If demand does not increase correspondingly or decreases (because buyers are 'full' from Pre-Market), the price may be diluted and decrease instead of increase. This is a common phenomenon with Pre-Market tokens when supply increases sharply.

2. Market sentiment

If the community remains optimistic about the RedStone project (a potential oracle project), the price may hold or increase after being floated. However, if investors take profits en masse after reaching the Pre-Market peak ($0.8 or higher), selling pressure will cause the price to drop.

3. Reality from previous projects

With previous Pre-Market tokens on Binance (like Scroll - SCR), the price often rises sharply during the Pre-Market phase due to limited supply, but after listing on Spot, the price tends to adjust downward in the short term due to increased supply and profit-taking pressure. For example, SCR once peaked in Pre-Market but then dropped about 20-30% upon official listing.

4. Intrinsic value of RED

RedStone is an oracle project providing data for DeFi, backed by Binance Launchpool. If the project progresses well (technology updates, new partners), the price may increase in the long term. However, in the short term, supply-demand factors will dominate more.

Feasible prediction

+ Short term (immediately after Pre-Market): The price of RED may not increase immediately, and could even drop below $0.8 (for example, $0.5-$0.6) due to supply increasing 6-7 times while demand does not keep up. This is a common scenario with Pre-Market tokens.

+ Medium term (a few weeks later): If the overall market is positive (Bitcoin, Ethereum rise) and RedStone has good news, the price could recover and exceed $0.8.

+ Long term (March-June 2025): The potential increase depends on the project's performance. Some predictions from sources like CoinCodex or CoinGecko suggest that RED could reach $1-$1.5 in 2025 if bullish, but this is an optimistic scenario.

What do you think about this scenario? Do you plan to play $RED ?