Crypto exchange Binance has announced unexpected developments regarding the planned listing of RedStone (RED). Due to last-minute changes in the project’s community airdrop allocation, the trading launch originally scheduled for March 6, 2025, at 13:00 (UTC) has been suspended indefinitely.
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Initially, the RedStone (RED) team committed to distributing 9.5% of the total supply via a community airdrop. However, this amount has now been reduced to 5%. Binance is actively negotiating with the project team to finalize the details and ensure the best outcome for its users.
This unexpected change has caused significant reactions among investors. Binance stated that the suspension decision was made due to RED’s unexpected policy change and assured users that additional announcements would be made to maintain transparency. It remains unclear whether the listing process will resume, depending on the outcomes of the ongoing discussions.
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