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.