🉐 Crypto Linn
🉐 Crypto Linn|Mar 05, 2025 09:19
IF we compare RED to the USUAL launch there are some interesting conclusions... Why Compare RED to USUAL? - RED’s pre-market and Launchpool setup share key similarities (strong exchange backing, deep liquidity, and institutional engagement) USUAL’s Launch Performance: - High Pre-Market Demand & Strong liquidity inflows before listing - Institutional & Retail Interest - Strategic Partnerships - Launch Outcome, Massive trading volume and substantial price appreciation Although the market is different at this moment, it's likely based off the comparisons that RED will have a similar performance, some other points to consider: RED’s Pre-Market & Launchpool Strength: - Binance Research strong exchange support: https://www.binance.com/en-TR/research/projects/redstone - Pre-Market Trading on Coinbase: https://x.com/coinbasetraders/status/1896580251414884602 - Significant Liquidity Commitment: Over 10,000 ETH deposited in RedStone Expedition - Expansive Ecosystem Integrations: 86+ DeFi Integrations including major protocols like Morpho, Pendle, and Venus, 24 Supported Chains with early adoption on Berachain, Sei EVM, and Unichain - Innovative Oracle Solutions: Bitcoin Proof of Reserves A first in the industry, critical for BTCFi, AI-Powered CLARA Model Enhancing oracle efficiency and accuracy, Support for Unique Assets Custom price feeds for $USDe, $weETH, and more FDV & Market Positioning: If we look at other valuations of competitors: - Chainlink LINK Multi-billion FDV, dominant in the space - Pyth PYTH Rapid growth, strong demand - RedStone RED Positioned as an emerging leader with extensive adoption HOWEVER RED has some key competitive advantages: - Hybrid Oracle Architecture Supports both Push & Pull models for greater flexibility - Cross-Chain Expansion RedStone is live on multiple ecosystems, broadening its reach - Institutional Adoption Trusted by major players due to its Proof of Reserves & bespoke feeds TLDR: - RED’s launch setup closely mirrors USUAL’s highly successful debut - Strong backing from Binance and Coinbase, deep liquidity, and key integrations signal strong upside potential - RED’s unique hybrid oracle model and institutional adoption position it as a key player in the oracle market Disclaimer: Linn is heavily retarded. If you take anything linn has written as financial advice, please seek immediate psychiatric support. Linn is an ambassador for @redstone_defi and is looking to accumulate a significant portion of RED so linn will say nice things to pump linn's bags to then sell at a later point of time for a large amount of profit.
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