Here’s Why the Price of RDAC Token Dropped 50% Following Binance’s Airdrop and Listing

Here’s Why the Price of RDAC Token Dropped 50% Following Binance’s Airdrop and Listing

The Redacted token was launched on Binance’s Alpha project, but the outcome was different from what investors had anticipated because the price of the RDAC token fell by 50%. Today, May 13, 2025, at 10:00 UTC, the RDAC token became live through an airdrop. It’s interesting to note that despite the unfavorable price performance, the coin has been listed on numerous different cryptocurrency exchanges, including Bitget, MEXC, and others. Why?Let’s talk about it.

WhatsApp Image 2025-05-13 at 22.23.05_1fbfb9f2

Due to overbuying, the price of RDAC tokens fell by 50%.

A listing on well-known cryptocurrency exchanges like Binance gives the token more legitimacy and exposure. As a result, its value frequently increases, although the price of the RDAC token fluctuates.

Notably, after reaching an all-time high of $0.1018, the price fell 50% in the final hour. According to CoinGecko data, RDAC has a market capitalization of $9.81 million and is currently trading at $0.04979.

The Redcated coin entered the overbuying zone as a result of investors jumping on the buying in anticipation of further rallies, which is what caused the price drop. Technical analysis shows that the RSI is over 78 because investors are experiencing FOMO.

Another thing to think about is the Binance airdrop. Because of the movement of tokens and the activity of sellers, the majority of cryptocurrency airdrops cause extreme volatility, which ultimately leads to a crash.

The Binance RDAC Token Airdrop: How Can I Claim It?

According to the official Binance statement, users can participate in the RDAC token airdrop if they have at least 205 Alpha points. According to reports, starting at 10:00 UTC, users having 205 Alpha would receive 482 Redacted tokens. It’s interesting to note that customers who have 170-204 Alpha points with a Binance account UID that ends in 7 are eligible for a lucky airdrop of 482 tokens.

Notably, these airdropped tokens will expire after 24 hours, thus it is best to claim them within that time frame. Users will need to spend fifteen Alpha points in order to receive the Binance airdrop.

The price of the RDAC coin is being impacted by a limited claim window. Due to airdrop influence volatility, poor liquidity, and token fluctuations, experts are still divided on its future performance and advise investors to exercise caution for a while.

 

 

 

 

 

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