🉐 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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