Binance 64th issue launchpool new coin RED is launched, RED coin listing price forecast
Mar 04, 2025 am 06:45 AMRED-redstone oracle project Launchpool in-depth analysis: Opportunities and risks coexist
RED-redstone, a multi-chain oracle project that supports EVM and non-EVM chains, will start spot trading at 18:00 on February 28, 2025 (East Eighth District time). Its Launchpool event was launched on February 26 at 8:00 for two days, and participants can use BNB, FDUSD and USDC to obtain RED tokens. The total Launchpool volume is 40,000,000 RED (4% of total supply) and the initial circulation is 280,000,000 RED (28% of total supply). In the context of the current bear market, what are the market performance and investment opportunities of RED? Let's analyze in depth.
Project fundamentals:
The total amount of RED tokens is 1,000,000,000, and the initial circulation accounted for 30%. As an ERC-20 token, it is issued on the Ethereum main network, and plans to cross-chain through Wormhole to Solana, Base and other networks. Nearly half of the RED tokens (48.3%) will be used for RedStone ecosystem and community building.
Binance data:
- Total/maximum supply: 1,000,000,000 RED
- Total Launchpool: 40,000,000 RED (4%)
- Initial circulation: 280,000,000 RED (28%)
RED Coin Listing Price Forecast and Investment Strategy:
In view of the current market sluggishness, the liquidity may be insufficient in the early stages of RED launch.
- Optimistic forecast: The circulation volume surges to 300 million, and the price may reach more than US$1. But this scenario is less likely.
- Conservative forecast: The reasonable circulating market value is around 150 million, and the price is in the range of US$0.5-0.6.
- Potential bottom-buying opportunity: If the price falls below $50 million, you can consider intervening.
Launchpool profit analysis:
According to previous Launchpool experience, the yield rate is usually between 1% and 2%. Taking 18 million BNB (calculated at $600) as an example, 1% yield is about $3.3 and 2% yield is about $6. However, the fully diluted market value (FDV) based on this calculation is between $3 billion and $6 billion, and RED has a risk of overestimation compared to LINK ($15 billion) and Python ($2 billion). Therefore, it is recommended that users who participate in Launchpool cash out in time after mining.
Secondary market risk:
Under the current market environment, RED faces a large selling pressure, and it is not recommended to buy directly in the secondary market. The oracle track is still the first choice for LINK.
Ultra-short-term trading strategy:
For users who pursue ultra-short-term returns, they can try to play in the early stage of online launch (first 15 minutes), but they need to control their positions and quickly take profit. It is recommended to pay attention to the rebound volume from the evening of February 28 to the early morning of the 29th, and look for opportunities for rebound in the early morning.
In short, the RED-redstone project has certain opportunities, but it also faces higher risks. Investors should carefully evaluate their own risk tolerance and make investment decisions based on actual market conditions. Never follow the trend blindly and invest rationally.
The above is the detailed content of Binance 64th issue launchpool new coin RED is launched, RED coin listing price forecast. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

The recent surge of Ethereum price by more than 20% is mainly driven by four major factors: 1. The Cancun Upgrade is approaching, especially the "prototype data sharding" technology introduced by EIP-4844 will significantly reduce the transaction costs of Layer 2, improve network scalability, and attract investors to make advance arrangements; 2. The DeFi ecosystem continues to flourish, and the total value of locked positions (TVL) has grown steadily. New protocols such as liquid staking derivatives (LSD) and restaking (Restaking) have risen, increasing the rigid demand for ETH as a Gas fee and pledged assets; 3. The market has strong expectations for the approval of Ethereum spot ETF, believing that it will provide convenient channels for institutional investors, introduce a large amount of funds and enhance market confidence.

1. Ordinary users can purchase Ethereum through mainstream digital asset trading platforms such as Binance, Ouyi OK, HTX Huobi, etc. The process includes registering an account, identity authentication, binding payment methods and trading through market or limit orders. The assets can be stored on the platform or transferred to personal money sacrificial pie; 2. Ethereum has no fixed issuance limit, with about 72 million initial issuance, and it is continuously issued through the PoS mechanism and the destruction mechanism is introduced due to EIP-1559, which may achieve deflation; 3. Before investing, you need to understand the risk of high volatility, enable two-factor verification to ensure account security, and learn asset custody methods such as hardware or software money sacrificial pie; 4. Ethereum is the core platform of decentralized applications, DeFi protocols and NFT ecosystem, supporting the operation of smart contracts and promoting digital asset rights confirmation and flow

In the digital currency market, real-time mastering of Bitcoin prices and transaction in-depth information is a must-have skill for every investor. Viewing accurate K-line charts and depth charts can help judge the power of buying and selling, capture market changes, and improve the scientific nature of investment decisions.

Ethereum is a decentralized application platform based on smart contracts, and its native token ETH can be obtained in a variety of ways. 1. Register an account through centralized platforms such as Binance and Ouyiok, complete KYC certification and purchase ETH with stablecoins; 2. Connect to digital storage through decentralized platforms, and directly exchange ETH with stablecoins or other tokens; 3. Participate in network pledge, and you can choose independent pledge (requires 32 ETH), liquid pledge services or one-click pledge on the centralized platform to obtain rewards; 4. Earn ETH by providing services to Web3 projects, completing tasks or obtaining airdrops. It is recommended that beginners start from mainstream centralized platforms, gradually transition to decentralized methods, and always attach importance to asset security and independent research, to

First, select well-known platforms such as Binance Binance or Ouyi OKX, and prepare your email and mobile phone number; 1. Visit the official website of the platform and click to register, enter your email or mobile phone number and set a high-strength password; 2. Submit information after agreeing to the terms of service, and complete account activation through the email or mobile phone verification code; 3. After logging in, complete identity authentication (KYC), enable secondary verification (2FA), and regularly check security settings to ensure account security. After completing the above steps, you can successfully create a BTC digital currency account.

1. Choose a reputable trading platform; 2. Confirm currency and network type; 3. Check the official recharge address; 4. Ensure the network security environment; 5. Double check the head and tail characters of the address; 6. Confirm the amount and decimal points; 7. Pay attention to the minimum recharge amount; 8. Fill in necessary labels or notes; 9. Beware of clipboard hijacking; 10. Don’t trust the non-official channel address; 11. Test the small amount before large recharge; 12. Save the transaction ID for inquiry; 13. Wait patiently for network confirmation; 14. Contact customer service in time when the account is not arrived. To ensure the safety of digital currency recharge, the above steps must be strictly followed. From platform selection to information verification to risk prevention, every step needs to be carefully operated. Finally, through retaining vouchers and timely communication, the asset is securely received, and avoid negligence.

For newbies who have just entered the currency circle, choosing a market website that supports real-time trend analysis of multiple currencies and is simple to operate can help you quickly understand the overall market and grasp the price changes and trends of each currency.

1. First, ensure that the device network is stable and has sufficient storage space; 2. Download it through the official download address [adid]fbd7939d674997cdb4692d34de8633c4[/adid]; 3. Complete the installation according to the device prompts, and the official channel is safe and reliable; 4. After the installation is completed, you can experience professional trading services comparable to HTX and Ouyi platforms; the new version 5.0.5 feature highlights include: 1. Optimize the user interface, and the operation is more intuitive and convenient; 2. Improve transaction performance and reduce delays and slippages; 3. Enhance security protection and adopt advanced encryption technology; 4. Add a variety of new technical analysis chart tools; pay attention to: 1. Properly keep the account password to avoid logging in on public devices; 2.