According to Coinbase International Exchange, RED-PERP has successfully transitioned from a pre-launch market to a standard perpetual futures market. This development allows traders to engage with $RED through a more established and accessible trading framework. View the market details at international.coinbase.com/instrument/red…

According to Ai 姨 (@ai_9684xtpa), the cryptocurrency market faces a delicate balance between retail investor profits, project earnings, and liquidity exits, as highlighted by the issues with $RED and $GPS. $RED was halted by Binance due to false advertising, while $GPS plummeted 63% within three days of its launch, dropping from $0.151. These incidents underscore the importance of ethical practices and balanced interest alignment in Web3 projects.

According to Coinbase International Exchange, they will introduce support for Redstone DeFi's $RED on their platform with a pre-launch market. The RED-PERP market is set to open on or after 3pm UTC on March 4, 2025. Traders should monitor this development as it could present new trading opportunities and liquidity for $RED. Source: Coinbase International Exchange Twitter.

According to Ai 姨, $RED experienced its second consecutive price limit during pre-market trading on Binance, now priced at $0.6. This marks the first implementation of a price limit mechanism by Binance Launchpool, aimed at stabilizing new coin price discovery, which can be particularly challenging during bull markets. This measure is intended to prevent excessive volatility caused by market buy-ins or market makers. Source: Ai 姨 via Twitter.