OFORI ASANTE AGYEI
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Pre-market won't end on 3rd March. It's the restrictions that will be lifted on 3rd March. The date for spot listing has not been communicated. Pre-market usually takes one month before the actual spot listing.
Launch Date & Reasons for Restrictions
$RED has been restricted from normal trading and it has been confusing people, including myself, here is a breakdown of the reasons and the actual launch date.
Restrictions
Binance has introduced a new feature where they limit the maximum price of an asset before it launches and it also limits the number of assets an individual trader can buy.
For $RED the price limit has been set to only reach a maximum 200% for the first day, 300% for day 2 and 400% for day 3 starting from the listing price of $0.2. Binance has also limited the number of assets one can buy to 5000 $RED.
Please note that this is a new feature of binance and $RED is the first to be tried on. The success and/or performance of this launch pool will determine if it will continue to be used.
Buy Restrictions
This has been the main concern for many traders and it has been a point of confusion as to why they can't buy the token even though they have placed valid orders. Yes!, it's true, no one can buy the coin at the moment until all the restrictions are lifted. However, there are good reasons for restrictions, I have listed and explained the main reasons below:
Price Discovery & Market Stability
It helps establish an initial market price in a controlled environment before full trading begins.
Prevents extreme price volatility and manipulation, ensuring a smoother transition when the full market opens.
Liquidity Preparation
Users who earned RED through Launchpool farming by staking BNB, USDC, or FDUSD can start selling their tokens.
Market makers and liquidity providers can prepare for full trading.
Controlled Demand & FOMO Mitigation
The 5,000 RED holding limit and restricted price movement prevent early traders from pumping the price too fast.
This discourages extreme speculation and potential crashes on launch.
Regulatory Compliance
Binance plans to use pre-market phases to comply with regulations and monitor trading behavior before allowing mass access.
What is the role of traders?
A lot of people are look at this pre-market as a waste of time because they can't even trade. I would like to ask you to look at this from the perspective of helping to shape market dynamics by crowd sourcing market research data without the brutality of market forces during launches.😂😂
It is ment to ease and/or cushion the volatility of launches by using traders as a measuring stick.
Launch Date
Binance has announced that they will remove all restrictions on March 3, 2025, 10:00 (UTC) that includes price limits and holding caps. They also said they will remove all trading restrictions and allow spot trading.
So I think it's safe to assume the token launches on March 3, 2025, 10:00 (UTC) for full unrestricted trading.
Thank you for reading.
Disclaimer: This is not financial advice, check binance official pages for more info and always do your own research #dyor
Restrictions
Binance has introduced a new feature where they limit the maximum price of an asset before it launches and it also limits the number of assets an individual trader can buy.
For $RED the price limit has been set to only reach a maximum 200% for the first day, 300% for day 2 and 400% for day 3 starting from the listing price of $0.2. Binance has also limited the number of assets one can buy to 5000 $RED.
Please note that this is a new feature of binance and $RED is the first to be tried on. The success and/or performance of this launch pool will determine if it will continue to be used.
Buy Restrictions
This has been the main concern for many traders and it has been a point of confusion as to why they can't buy the token even though they have placed valid orders. Yes!, it's true, no one can buy the coin at the moment until all the restrictions are lifted. However, there are good reasons for restrictions, I have listed and explained the main reasons below:
Price Discovery & Market Stability
It helps establish an initial market price in a controlled environment before full trading begins.
Prevents extreme price volatility and manipulation, ensuring a smoother transition when the full market opens.
Liquidity Preparation
Users who earned RED through Launchpool farming by staking BNB, USDC, or FDUSD can start selling their tokens.
Market makers and liquidity providers can prepare for full trading.
Controlled Demand & FOMO Mitigation
The 5,000 RED holding limit and restricted price movement prevent early traders from pumping the price too fast.
This discourages extreme speculation and potential crashes on launch.
Regulatory Compliance
Binance plans to use pre-market phases to comply with regulations and monitor trading behavior before allowing mass access.
What is the role of traders?
A lot of people are look at this pre-market as a waste of time because they can't even trade. I would like to ask you to look at this from the perspective of helping to shape market dynamics by crowd sourcing market research data without the brutality of market forces during launches.😂😂
It is ment to ease and/or cushion the volatility of launches by using traders as a measuring stick.
Launch Date
Binance has announced that they will remove all restrictions on March 3, 2025, 10:00 (UTC) that includes price limits and holding caps. They also said they will remove all trading restrictions and allow spot trading.
So I think it's safe to assume the token launches on March 3, 2025, 10:00 (UTC) for full unrestricted trading.
Thank you for reading.
Disclaimer: This is not financial advice, check binance official pages for more info and always do your own research #dyor
Listing on spot is at a later date not 3rd March.
Quoted content has been removed
Listed on spot is at a later date not 3rd March
Quoted content has been removed
What is the next coin on pre-market and what is the date?
Clarification on $USUAL Listing on Binance
Let’s clear up any confusion surrounding $USUAL. Binance is not listing $USUAL as a brand-new token—it is already available under the “Pre-Market” tag. The upcoming change is simply a rebranding of the “Pre-Market” tag to “Seed”, and $USUAL will soon be moved to the Spot Trading list.
This means that the coin will be open for trading globally, making it accessible to a larger audience. Importantly, Binance will not introduce a new price for $U$USUAL ring this transition. The current price of the coin remains unchanged.
However, with the move to Spot Trading and increased visibility, there is a strong likelihood that demand will rise as more traders enter the market, which could potentially drive the price upward.
In summary, getting relisted with a new price—it's simply transitioning from Pre-Market to Spot, making it easier for everyone worldwide to trade.
#BinanceAirdropsCATandPENGU #BTCNewATH
This means that the coin will be open for trading globally, making it accessible to a larger audience. Importantly, Binance will not introduce a new price for $U$USUAL ring this transition. The current price of the coin remains unchanged.
However, with the move to Spot Trading and increased visibility, there is a strong likelihood that demand will rise as more traders enter the market, which could potentially drive the price upward.
In summary, getting relisted with a new price—it's simply transitioning from Pre-Market to Spot, making it easier for everyone worldwide to trade.
#BinanceAirdropsCATandPENGU #BTCNewATH
When will the next pre-market on Binance?
Clarification on $USUAL Listing on Binance
Let’s clear up any confusion surrounding $USUAL. Binance is not listing $USUAL as a brand-new token—it is already available under the “Pre-Market” tag. The upcoming change is simply a rebranding of the “Pre-Market” tag to “Seed”, and $USUAL will soon be moved to the Spot Trading list.
This means that the coin will be open for trading globally, making it accessible to a larger audience. Importantly, Binance will not introduce a new price for $U$USUAL ring this transition. The current price of the coin remains unchanged.
However, with the move to Spot Trading and increased visibility, there is a strong likelihood that demand will rise as more traders enter the market, which could potentially drive the price upward.
In summary, getting relisted with a new price—it's simply transitioning from Pre-Market to Spot, making it easier for everyone worldwide to trade.
#BinanceAirdropsCATandPENGU #BTCNewATH
This means that the coin will be open for trading globally, making it accessible to a larger audience. Importantly, Binance will not introduce a new price for $U$USUAL ring this transition. The current price of the coin remains unchanged.
However, with the move to Spot Trading and increased visibility, there is a strong likelihood that demand will rise as more traders enter the market, which could potentially drive the price upward.
In summary, getting relisted with a new price—it's simply transitioning from Pre-Market to Spot, making it easier for everyone worldwide to trade.
#BinanceAirdropsCATandPENGU #BTCNewATH
I don't believe this news. How does 5 billion XRP tokens amount to just 970 million USD, when the price of each coin is above 1.8 USD.
Binance News
--
5 Billion XRP Tokens Unlocked From Unknown Wallets, Valued Over $970 Million
According to Odaily, Whale Alert has reported that a significant transaction involving XRP tokens occurred recently. At 8:08:11 AM UTC+8, a total of 5 billion XRP tokens were unlocked from unknown wallets. This transaction was executed in two separate transfers, with the total value of the tokens exceeding $970 million.
The unlocking of such a large amount of XRP has drawn attention within the cryptocurrency community, as it could potentially impact the market dynamics of the digital asset. The identity of the wallets involved remains undisclosed, adding an element of mystery to the transaction. This event highlights the ongoing movements and activities within the cryptocurrency space, where large-scale transactions can occur without prior notice.
The unlocking of XRP tokens is a significant event, given the substantial value associated with the transaction. Market participants and analysts are likely to monitor the situation closely to assess any potential effects on the XRP market. The cryptocurrency market is known for its volatility, and such large transactions can influence price movements and trading volumes. As the situation develops, further analysis may provide insights into the motivations behind the unlocking and its implications for the broader market.
The unlocking of such a large amount of XRP has drawn attention within the cryptocurrency community, as it could potentially impact the market dynamics of the digital asset. The identity of the wallets involved remains undisclosed, adding an element of mystery to the transaction. This event highlights the ongoing movements and activities within the cryptocurrency space, where large-scale transactions can occur without prior notice.
The unlocking of XRP tokens is a significant event, given the substantial value associated with the transaction. Market participants and analysts are likely to monitor the situation closely to assess any potential effects on the XRP market. The cryptocurrency market is known for its volatility, and such large transactions can influence price movements and trading volumes. As the situation develops, further analysis may provide insights into the motivations behind the unlocking and its implications for the broader market.
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