Tag: Red

Redstone’s Airdrop Cut Sparks Firestorm as Binance Halts RED Listing

coiner

Blockchain oracle Redstone faces community backlash and a Binance listing suspension following a controversial reduction in its RED token airdrop allocation. From 9.5% to 5%: Redstone’s Community Airdrop Allocation Slashed Redstone, a blockchain oracle providing data feeds for decentralized applications, has encountered significant turmoil after reducing its RED token community airdrop allocation, prompting Binance to […] Source link

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Pepe’s sudden drop leaves whale 500k in the red

coiner

The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses.  According to blockchain analytics service Lookonchain, one crypto “whale” purchased 962.3 billion Pepe tokens using 70 Wrapped Bitcoin (WBTC) and 470 Ether (ETH) for an average price of $0.000003122 on May 5. PEPE has, however, fallen 42% from its all-time high since then, according to CoinGecko. The crypto investor’s PEPE holdings are now estimated to be worth…

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