BlockBeats news, on February 28, RedStone (RED) opened at $0.4 in the pre-market on Binance, reaching the limit for the first day's price increase.

According to previous reports, the Binance pre-market trading has implemented a price limit mechanism, restricting the highest trading price in the 72 hours before the market opens, with the token price increase not exceeding a certain percentage of the initial opening price. After 72 hours of market opening, there will be no more price restrictions, and trading will resume normally. The price limit for the first three days is 200%, 300%, and 400% of the opening price, respectively.