About RED TOKEN
The Red Token ECONOMY project was launched by FIDA, Inc. and TOKYO ESPORTS GATE, Inc..This project aims to create an unparalleled entertainment platform that radiates from the heart of Tokyo to the physical and digital worlds - bringing Japan's gaming spirit to its peers around the world.
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Market Stats
Market Cap
$11,002.52
FDV
Not enough data
Circulating Supply
6,500,834,106 RED
Max Supply
Not enough data
Total Supply
100,000,000,000 RED
Diluted Valuation
$169,354.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$22,399.91
0.1%
Volume (7D)
$105,833.44
Volume (30D)
$1,707,471.97
All time high
$0.0312
Overall Price Change (1Y)
-0.61%
Additional info about RED TOKEN
Recent trends
The price of RED TOKEN has increased by 3.50% in the last hour and decreased by 1.96% in the past 24 hours. RED TOKEN’s price has also risen by 3.37% in the past week. The current price is $0.00000166 per RED with a 24-hour trading volume of $22.40K. Currently, RED TOKEN is valued at 99.99% below its all time high of $0.0312. This all-time high was the highest price paid for RED TOKEN since its launch. The current circulating supply of RED TOKEN is 6,500,834,106 RED which means that RED TOKEN has as total market cap of $11,002.52.
Market details
RED vs markets
↘ 69.45%
RED vs BTC
↘ 75.82%
RED vs ETH
↘ 35.38%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC744df3419A8c9Bd4D6b9852A503eb1C5308A326 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000166 | ↘ 1.96% |
1 Day | $0.00000173 | ↘ 1.96% |
1 Week | $0.00000164 | ↗ 3.37% |
1 Month | $0.000245 | ↘ 99.31% |
1 Year | $0.00000429 | ↘ 60.55% |
FAQ
RED TOKEN is an initiative by FIDA, Inc. and TOKYO ESPORTS GATE, Inc. that strives to promote the development of exceptional entertainment content in Japan and globally. The project seeks to energize fan communities through token incentives, thereby facilitating the continuous evolution of entertainment content. The project is closely linked with one of Japan's largest e-sports amusement and event facilities, "RED° TOKYO TOWER," which serves as a hub for showcasing a variety of entertainment content daily. The RED TOKEN project intends to enhance the fan experience and their engagement with entertainment content, thereby contributing to the growth of the entertainment industry.
RED TOKEN operates by providing solutions to content providers and fan communities. It assists content providers in issuing community participation proof NFTs and managing their communities. It also supports the design of ticket NFTs for use at various physical events, including partner facilities like RED° TOKYO TOWER. Furthermore, RED TOKEN aids content providers in tasks such as NFT ownership verification, required when selling exclusive products to NFT holders. The project also designs incentive structures to reward users for introducing content to others and bringing in new users. It intends to use a common fan token among content providers to facilitate transactions and maintain a stable ecosystem, thereby enhancing fan engagement and content growth.
RED TOKEN has several potential use cases. It can be used as a reward for fans who contribute to content growth through community development activities and referrals. Depending on the number of tokens a fan holds, they may be eligible to acquire exclusive products or participate in the fan community. The token can also be used to pay for content services, thereby supporting the operations of the content provider. Additionally, the token can be used for regular day-to-day payments, including discounted content purchases. It also has a voting function, allowing fans to vote for their favorite characters, decide the direction of content, and vote on new product development.
The RED TOKEN project was initiated by FIDA, Inc. and TOKYO ESPORTS GATE, Inc. with the goal of supporting the growth of high-quality entertainment content in Japan and worldwide. The project is associated with "RED° TOKYO TOWER," one of Japan's largest e-sports amusement and event facilities, which serves as a venue for showcasing a variety of entertainment content. The project has identified several issues with the current fan community situation and aims to address these through the use of token incentives. The project is currently working on partnerships with large content/IPs and aims to increase awareness and usage of the tokens.
We update our RED TOKEN to USD currency in real-time. Get the live price of RED TOKEN on Coinbase.
The current market cap of RED TOKEN is $11.00K. A high market cap implies that the asset is highly valued by the market.
The all-time high of RED TOKEN is $0.0312. This all-time high is highest price paid for RED TOKEN since it was launched.
Over the last 24 hours, the trading volume of RED TOKEN is $22.40K.
Assets that have a similar market cap to RED TOKEN include Sportcash One, LGCY Network, SORA Validator Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of RED TOKEN is 6.5 billion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#334
Contributors
6,700
Posts
9,798
% About RED TOKEN
0.095%
Articles
19
Hold times
0 days
X (Twitter)
30.01% bullish
Sentiment
4.9 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
6,700 unique individuals are talking about RED TOKEN and it is ranked #334 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, RED TOKEN has an average sentiment score of 97 out of 5. Finally, RED TOKEN is becoming less newsworthy, with 19 news articles published about RED TOKEN.
On Twitter, people are mostly neutral about RED TOKEN. There were 47.16% of tweets with bullish sentiment compared to 57.14% of tweets with a bearish sentiment about RED TOKEN. 52.84% of tweets were neutral about RED TOKEN. These sentiments are based on 1150 tweets.
On Reddit, RED TOKEN was mentioned in 51 Reddit posts and there were 1094158 comments about RED TOKEN. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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RED TOKEN calculator
1 RED TOKEN (RED) to Canadian Dollar (CAD)
CA$0.00000229
1 RED TOKEN (RED) to British Pound (GBP)
£0.00000124
1 RED TOKEN (RED) to Real (BRL)
R$0.00000931
1 RED TOKEN (RED) to Euro (EUR)
€0.00000146
1 RED TOKEN (RED) to Singapore Dollar (SGD)
S$0.00000216
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.