cyrpto airdrop, criteria, expansion, hikes, mounts, pressure, red, sell, trading, volume Mark March 7, 2025 0 Comments

RED trading volume hikes 2000% as sell pressure mounts after airdrop criteria expansion

The Redstone Token trading volume increased by more than 2000% after the restructuring of airlines.

According to Redstone (Red) Recent official announcement on XHe recently made a major change to the process and distribution of the selection of red air tickets. Redstone launched the first minor card with 5% of the total token supply, distributing it to users who met the original criteria.

However, after examining comments and participation, Redstone decided to allocate an additional 2% of the total red supply of its pool “ecosystem and data suppliers”. The eligibility rules have been extended to include more participants, and the selections were based on “proof of participation”, which means that users who were able to prove their involvement in the community or the ecosystem could qualify for additional air token. The additional 2% was made available to claim on March 6.

Redstone makes immediate modifications to the selection process and the redestests allowances.

Yesterday, the check page for the Red Airdrop was put online.

Since then, we have seen mixed emotions from our community. Many long -standing members of our community have shared their …

– Redstone Oracles ♦ ️ (@redstone_defi) March 6, 2025

Following the restructuring of airlines and the inclusion of more participants, Redstone’s negotiation volume increased by more than 2000% in the last 24 hours (currently at 237 million dollars), according to Coinmarketcap. At the same time, the red price is down 14% over the same period. Such a massive increase in the volume of negotiations associated with the drop in price suggests that applicants for air tickets are sold, exerting downward pressure on the price.

In addition to the restructuring of airlines, Redstone also announced that an additional 4.5% of “community and genesis” tokens would be distributed six months after the generation of tokens, with an official announcement to come. The Airdrop will be available for projects using Redstone Price Data Sources and will be distributed to users participating in pools guaranteed by Redstone Price data.

Another big redstone news today is his registration on Binance for the trading spot, which was reinstated After being suspended due to the last -minute air changes. In addition, Redstone’s perpetual contracts have been put online Ordered And Bitmex.