• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

RCADE Token: Sharp Decline After Listings on Binance and Other Exchanges

user avatar

by Giorgi Kostiuk

8 hours ago


The RCADE token, launched on the Arbitrum platform, faced a significant price drop after its initial debut on several major cryptocurrency exchanges.

RCADE Network's Launch on Exchanges

On July 9, the RCADE token was officially listed on Binance Alpha, marking the start of its trading. This was soon followed by listings on other platforms such as Gate.io, KuCoin, Bithumb, and Bitget.

Reasons for the Sharp Price Decline

The initial price of RCADE started at $0.0029 but fell by more than 30%, hitting an intraday low of $0.0018. This decline is consistent with the common pattern seen in early token launches, where airdrop recipients and early investors trigger active selling.

Hope for Token Recovery

Despite the initial decline, RCADE has shown signs of recovery, rebounding to a price of $0.0020. This suggests that some investors retain confidence in the project's fundamentals and are beginning to accumulate tokens, viewing short-term selling as a temporary market reaction.

The nature of token launches, as demonstrated by the case of RCADE, can lead to short-term price fluctuations. However, signs of recovery indicate some investors' long-term confidence.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

PEPESCAPE Introduces $PESC Token and DeFi Ecosystem Presale

chest

Today marks the launch of the $PESC token presale by PEPESCAPE, a new project in the DeFi space offering decentralized financial tools.

user avatarGiorgi Kostiuk

BIT Mining to Raise $300M for Solana and Shift Strategy

chest

BIT Mining aims to raise $300 million and convert its holdings to Solana, highlighting a strategic pivot in the cryptocurrency industry.

user avatarGiorgi Kostiuk

Overview of TKL’s Gold Price Forecast and Economic Conditions

chest

Analysts reassess their economic outlook as TKL predicts gold prices could rise to $5000 with Fed rate cuts.

user avatarGiorgi Kostiuk

KULR Technology Group's Bitcoin Investment Strategy: A New Era of Institutional Assets

chest

KULR Technology Group announced a $10 million Bitcoin acquisition, increasing its holdings to 1,021 BTC.

user avatarGiorgi Kostiuk

US Announces Establishment of Strategic Bitcoin Reserve in 2025

chest

US establishes strategic Bitcoin reserve, altering crypto policy; impacts on global financial systems implied.

user avatarGiorgi Kostiuk

Bitcoin on Path to $120,000 Following New All-Time High

chest

Bitcoin hits a new high over $113,000, generating optimism among analysts about future growth.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.