Getting to Know Resistance Dog Coin (RED) and Resistance Dog Tokenomics ($REDO)

Bittime – Resistance Dog ($REDO) is a symbolic representation of the fight against censorship and freedom through digital resistance. This token pays tribute to Pavel Durov, founder of TON - The Open Network and Telegram. 

As part of the fight against censorship, $REDO aims to build a powerful decentralized community on the front lines of this fight, along with TON, Telegram, and millions of individuals fighting for the same cause.

Where to Buy Resistance Dog Coin (REDO)

To buy REDO tokens, you can use various decentralized exchanges as well as centralized crypto exchanges. The most popular exchange for buying and trading Resistance Dog is STON.fi. 

The REDO/TON trading pair on STON.fi showed a trading volume of IDR 15,620,719,137 in the last 24 hours. Other popular options include KuCoin and BitMart, which also offer trading of these tokens.

Read Also: Dogs Coin Hits 20% Price Increase, Market Cap $789 Million

Resistance Dog (REDO) Daily Trading Volume

Resistance Dog (REDO) trading volume in the last 24 hours reached IDR 42,665,978,774, indicating a decrease of -10.80% from the previous day. This decline indicates a recent decline in market activity. 

Resistance Dog (REDO) Historical High and Low Prices

The highest price ever reached by Resistance Dog (REDO) was IDR 22,621.50, recorded on June 17, 2024. Currently, the token price is 62.24% lower than that all-time high. 

In contrast, the lowest price ever reached was IDR 108.76, recorded on February 3, 2024. Currently, the REDO price is 7,754.54% higher than that lowest price.

Resistance Dog (REDO) Market Cap

Resistance Dog (REDO)'s market cap is IDR 855,257,745,917, and it is currently ranked #578 on CoinGecko. Market capitalization is measured by multiplying the token price by the circulating supply, where there are currently 100 million tradable REDO tokens on the market.

Assessment of Fully Diluted Market Capitalization (FDV)

The assessment of the market capitalization of fully diluted (FDV) Resistance Dog (REDO) is IDR 855,257,745,917. This is a statistical representation of the maximum possible market capitalization, assuming all 100 million REDO tokens are in circulation. Depending on the REDO token emission schedule, it may take several years before this FDV is fully realized.

Tokenomics Resistance Dog (REDO)

The tokenomics of Resistance Dog (REDO) includes several important features:

• Total Supply: 100,000,000 REDO tokens. This maximum supply determines the total number of tokens that can circulate in the market.
• LP Burned: Liquidity on the exchange has been burned, meaning that some of the liquidity involved in REDO trading has been removed from circulation to increase the value and scarcity of the token.
• Community Liquidity: The community has the ability to add liquidity, allowing active participation from users in increasing or decreasing market liquidity as needed.
• Taxes: No transaction taxes are charged, with a 0/0 tax rate on token purchases and sales.
• Contract Renounced: The REDO smart token contract has been declared irreversible, indicating that the developer no longer has control over the contract and guarantees transparency and security for token holders.

Resistance Dog Price Performance compared to Similar Coins

In the last seven days, Resistance Dog (REDO) saw its price increase by 51.80%, outperforming the global crypto market which experienced a decline of -7.70%. Apart from that, REDO also performed better compared to the similar Meme cryptocurrency which experienced a decline of -10.60%.

With this information, investors and crypto enthusiasts can better understand the position and potential of Resistance Dog (REDO) in the cryptocurrency market. Always do in-depth research before investing and monitor the latest developments in this token.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn How to Buy Crypto on Bittime.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.