The Red Token ECONOMY project was initiated by FIDA, Inc. and TOKYO ESPORTS GATE, Inc. with the goal of establishing an unmatched entertainment platform that extends from the core of Tokyo to both the physical and digital realms. This platform will showcase Japan's gaming culture to a global audience.

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RED Token is an interesting crypto asset if you wish to diversify your portfolio and explore trending coins in emerging areas such as <a>sports coins</a> or fan tokens, <a>metaverse</a>, and <a>GameFi</a> sectors. The RED Token Economy project envisions mainstream adoption of cryptocurrencies and solutions developed on the blockchain. It could do well as the sports and entertainment industries explore such innovations for driving fan engagement.The RED Token price and market capitalization could register an uptrend as more businesses and celebrities collaborate with the platform to launch their fan engagement initiatives. Partners and collaborators could launch games, online content, virtual events, or even physical events in the RED Tokyo Tower, contributing to boosting the RED price statistics.In addition, a favorable outlook toward crypto projects in the NFT, Play-to-Earn (P2E), and metaverse sectors could also drive up investor interest in tokens such as the RED crypto. Such a sentiment could also support the RED to USD price in the market.

Is RED Token a Good Investment?

Although it is impossible to offer an accurate RED price prediction, there are several factors that you could monitor to understand the price action in the RED Token cryptocurrency:<h3>Level of Adoption</h3>As more brands and celebrities from the sports and entertainment industries launch their projects or related events within the RED Token Economy ecosystem, the price of RED token could strengthen. Such a move could bring in more users and drive up the demand for RED crypto, supporting its price in the market.<h3>Rollout of Upgrades and New Features</h3>Whenever the team of developers behind the project announces features or rollout upgrades that can make the platform more capable and efficient, investor interest in the RED Token heads higher. This, in turn, could support the RED Token price in the market.<h3>Market Sentiment</h3>Market sentiment plays a vital role in determining price change in any cryptocurrency. When crypto traders trade with a bullish sentiment or risk-on mood, higher buying activity could take the RED Token price upwards to test its all-time high and make new highs. On the other hand, bearish sentiment or risk-off mood keeps buyers away from the market and exerts downward pressure on the value of RED Token.

What is the RED Token Price Prediction?

RED Token is the official cryptocurrency that powers the RED Token Economy. Here are the most common applications for the token:<h3>Native Currency</h3>As the native currency of the platform, users will need RED Tokens to purchase NFTs and enter events taking place in both the RED Tokyo Tower and the RED Metaverse. Fans will also use the cryptocurrency to participate in promotional events, engage with their favorite brands, teams, or players, and extend their support.<h3>Incentive Token</h3>Winners of games within the P2E ecosystem of the RED Token Economy Project will be rewarded using the RED crypto. The prizes and rewards distributed will be funded by the revenues earned by the platform and generated from event sponsors.<h3>Crypto Asset to Trade and HODL</h3>Trade RED Token against other digital assets on a cryptocurrency exchange to profit from changes in market conditions. You can buy or sell RED Token against other cryptocurrencies or hold it long-term if you believe in the future potential of the RED Token Economy Project. Check the live price of RED Token, RED market cap, circulating supply, and 24-hour trading volume, and analyze the RED Token price chart before trading RED crypto in the market.

What is RED Token Used For?

The total supply or max supply of RED Token is fixed at 100 million as of November 2022. However, no information on the tokens circulating supply has been published at the moment.

What is the Total Supply of RED Token?

There are several ways to earn RED crypto, including:<h3>Trade RED in the Crypto Market</h3>Buy or sell RED Token against other cryptocurrencies to profit from the volatility in the crypto market. Check the real-time price of RED Token, RED market cap, circulating supply, 24-hour trading volume, and the latest crypto news to reduce the likelihood of loss-making trades.<h3>Play Games</h3>You can earn rewards in $RED when you play games within the RED Token Economy ecosystem. You could win RED crypto and grow your portfolio when you win tournaments or quests.<h3>Trade NFTs on the Marketplace</h3>You can earn $RED tokens by selling NFTs on the platforms marketplace. Revenues generated from the sale of NFTs will be earned in the form of RED Token.

How to Earn RED Tokens

The RED Token Economy Project is a next-generation entertainment economy powered by blockchain technology on the Ethereum network. It aims to bridge the gap between the real world and the metaverse, delivering engaging and innovative opportunities for businesses and celebrities in the sports and entertainment industries to engage with their fans.The projects ecosystem includes the RED Tokyo Tower, the largest eSports park in Japan, located at one of the most iconic landmarks in the nation. The RED Metaverse Project is the virtual world being developed by the project in coordination with the RED Tokyo Tower.The RED Squad is the third aspect of the RED Token Economy - an initiative focused on developing original content online in collaboration with top brands and content creators. Along with RED Tuber, the RED Squad provides unique Japanese content to consumers worldwide.The final offering from the project is the RED Wallet - the official crypto wallet for the RED Token Economy. RED is the utility token of the RED Token Economy, letting users access content and experiences, participate in events, and more.$RED is the official token of the project and is designed as an ERC-2 token on the Ethereum blockchain. It functions as the native currency and incentive token of the ecosystem and offers token holders several exclusive benefits.

What is RED Token (RED) Crypto?

The RED Token Economy bridges the real and virtual worlds to provide fun experiences to entertainment fans worldwide through RED cryptocurrency and non-fungible tokens (NFTs). The RED Platform consists of two key elements:<h3>RED Tokyo Tower</h3>This is a physical destination in a landmark location in Japan where professional sports players, creators, entertainers, and fans can engage with each other. The largest eSports park in Japan, RED plans to launch similar facilities in other key locations worldwide to drive engagement in the physical world.<h3>RED Metaverse Project</h3>Developed in coordination with the RED Tokyo Tower, the RED Metaverse offers an online world where global creators and celebrities from the sports and entertainment industries can engage with their fans virtually. As of November 2022, the RED Metaverse has already announced collaborations with Samurai Guild Games and Super Formula.The RED Metaverse features a virtual venue that can host XR events, supports an NFT gallery, and has several Play-to-Earn games for monetization opportunities. The platform also supports the creation and use of fan tokens, delivering value to businesses and fans.Together, they offer eSports players, celebrities, and influencers an opportunity to conduct and participate in gaming tournaments, build and engage with communities, and incentivize this engagement.

How Does RED Token Economy Work?

The RED Token Economy Project is the creation of Tokyo eSports Gate, Inc. and blockchain company FIDA. Tokyo eSports Gate was established in 2021 as a next-gen entertainment platform leveraging blockchain technology to merge the physical and digital worlds.The team of developers behind the project started working on the RED token in H2 2021. The RED Tokyo Tower was opened to the public in April 2022. The RED tokens white paper was also released in the same month.According to the white paper, the RED Metaverse is expected to release in 2023. Meanwhile, the developers will also release the RED Wallet, quests, and NFT features within the ecosystem through H2 2022.The RED Token Economy Project plans to conduct its first large-scale event sometime in 2023. Other real-world facilities are also being planned for the future, including RED NFT Gallery, airport facilities, and more.

History of RED Token

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Stay always informed with the current cryptocurrency price and get all the real-time updates through our incredible interactive cryptocurrency price chart. It doesn't matter if you're tracking the BTC/XRP cryptocurrency price or if you are looking for accurate cryptocurrency price prediction, we’ve got you covered for everything. Find the complete cryptocurrency price list to compare values between coins and understand the latest cryptocurrency market price trends. \nStart monitoring cryptocurrency price today and stay ahead in this always changing market. By giving you detailed price insights, our platform ensures reliable data for investors, traders, and crypto enthusiasts looking for up-to-date information.

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RedStone is a decentralized blockchain oracle network. Its main features and uses are as follows: Features: It uses a distributed network of node operators to fetch and authenticate real-world data from multiple sources of data. It is capable of sending data to blockchains with low latency as well as high availability through optimized protocols for data transport. Further, it gives personalized data feeds and cross-chain data transmission. Applications: It has widespread applications in Defi, NFT market valuation and trading, traceability of the supply chain, gaming forums, real estate tokenization, prediction markets that are decentralized, climate finance, etc., where it provides real-time data support to smart contracts across these industries with the aim to ease decision-making. Token details: RedStone token is an ERC-20 token on the Ethereum network, with 40 million circulating supply and a total supply of 1 billion. It is used in staking and verification of data for the RedStone network.

The delivery of the purchased cryptocurrency to the client may vary, according to various factors: Exchange Processing SpeedEach exchange has a different time for transaction processing. Most platforms like BYDFi, in general, credit your account instantly upon completion of the buying process if you have successfully been through all verification steps. Blockchain Network CongestionThe speed at which transactions are confirmed on blockchain also depends on network congestion at that time.Solution: Increase transaction fees to prioritize your transfer. Payment MethodThe method used for purchasing cryptocurrency can influence timing as well. Credit card transactions are often processed quickly compared to bank transfers. Verification RequirementsIf you're a new user or if there are any problems with your account verification (such as KYC checks), this could delay the transaction further until all requirements are met.Stuck? Follow this link to turn to the <a href="https://www.bydfi.com/en/support" target="">Help Center</a>.

How Long Until Your Crypto Arrives? | Key Factors Explained

Project relatedTech advancement: With RedStone improving its oracle technology, e.g., better data feeds, it can enhance RED's worth. Bringing big features provides individuals with confidence.Collaborations: Collaboration with industry players like Aave and Polygon renders RedStone more used. Demand for RED goes up, pushing its price higher.Tokenomics: 1 billion total tokens (28% circulating), staking, fees, and rewards are significant. A good token model drives ecosystem growth, which impacts prices. Market factorsCrypto market trends: In a bearish crypto market, less money inflows maintain the high price of RED. In a bullish trend, the reverse is the situation observed in the case of the impact of Bitcoin and Ethereum.Investor sentiment: Positive news attracts investors to the market, increasing RED's price. Rumors induce selling. Speculation by traders also results in short-run price changes. Regulatory factors Government regulations: Stricter crypto regulations bring uncertainty. A prohibition or over-taxation can reduce investor sentiment and RED's price. Properly designed regulations can raise it.

What Drives RED’s Price? | 3 Key Factors Explained

At the time of writing, the All-Time High (ATH) price of RED is $0.886, which was reached on March 6, 2025. The all-time low price is $0.06885.

What Is The All-Time High/Low Price Of RED?

Price predictions for RED in 2025 vary across different sources, reflecting the inherent uncertainty in forecasting cryptocurrency prices. Some predictions suggest that the price of this coin could reach $0.5458. Investment in cryptocurrency is speculative, and fluctuations in future prices can be very different factors.Track Real-Time Data: Monitor RED's <a href="https://www.bydfi.com/en/spot/red_usdt" target="">live price chart</a>.

What Is RED’s Price Forecast In 2025?

On-chain dataVolume of transactions: Volume is large with additional market activity. Rising volume with price is bullish; rising volume on declining prices could mean selling.Supply changes: Token burns (reduction in supply) will raise prices. New issuances (increase in supply) will lower it. Market sentiment News &amp; social media: Positive news like partnerships raises prices. Negative news, i.e., security issues, brings it down.Investor sentiment: Price driven higher by optimistic investors; pessimism leads to price decline. Technical indicatorsMoving averages: Price above 50 - or 200 - day moving averages is bullish. Crossovers of short-term above long-term are buy signals.RSI: RSI above 70 means RED is possibly overbought; below 30 means it is possibly oversold. Macroeconomic and industry factorsCrypto market trends: When the overall crypto market (led by Bitcoin, Ethereum) is trending bullishly, RED has a tendency to go up. In a bear market, it has a tendency to go down.Regulatory environment: Favorable regulations boost prices; severe or unclear ones reduce prices.

What Are The Key Indicators To Track RED Price Movements? 

ProsProject strength: Strong credibility of more than $22 million support from Aave and Polygon, 2021-launched, modular blockchain oracle RedStone that is backing in excess of 70 blockchains and 1250+ assets.Tokenomics: A total of 1 billion RED tokens exist of which 28% are available in supply. Token staking, charges, and incentives to validators/data providers, and end-user selection on data costs, promote utmost competition.Price prediction: Certain predictions suggest RedStone will be at $3.52 at end - 2025 and $5.95 by 2030, and it shows certain growth opportunities. ConsMarket volatilities: Crypto markets tend to be highly volatile. RedStone has captured a 50.48% price drop within a month and 66.74% in a year, showing high price volatility.Project risks: Its proof system is not yet complete and without a data-availability bridge, there would be a likelihood of fund loss if development would not proceed as anticipated.Regulatory risks: With greater strictness in crypto regulations, the worth of RedStone coins could be negatively impacted.

 Is RED A Good Investment? 

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