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GoPlus Security: The information leak regarding token listing is "not true," and an internal investigation is underway regarding the token's price drop

ChainCatcher news, GoPlus Security posted on platform X: "First, GoPlus has established a special investigation team to conduct a comprehensive investigation into the abnormal price fluctuations. Binance has also provided additional support to assist in investigating the cause of the incident. Firstly, in response to community feedback claiming that a leaker disclosed the listing information in advance and suspecting that this person is a member of the GoPlus team or a community administrator, GoPlus immediately initiated an internal investigation. The investigation results show that this situation is not true. The GoPlus team did not have prior knowledge of the March 4th GPS listing plan. Everything happened very suddenly; our team only learned about the listing news after the announcement was made and immediately collaborated with Binance to meet any additional requests from our side. Furthermore, it has been confirmed that the individuals spreading various rumors are unrelated to the parties involved and they had no way to obtain internal information about the listing through official internal channels.On the day of the listing, GoPlus transferred a total of 500 million GPS tokens to Binance. Of these, 300 million GPS tokens have been distributed as rewards for the BNB HODLer program, and the remaining 200 million tokens will be used for future marketing activities. For transparency, Binance has transferred the remaining 200 million GPS tokens to a public wallet address. Regarding the situation where the GPS price plummeted by 50% within 24 hours, GoPlus is conducting internal investigations with multiple partners and will provide users with a comprehensive explanation of our investigation results."

RedStone (RED) is currently priced at $0.8 in the Binance pre-market and will have its price limit lifted tomorrow

ChainCatcher news, RedStone (RED) is currently priced at $0.8 in the Binance pre-market, triggering an upward circuit breaker mechanism, which is 400% of the initial opening price of $0.2, and the pre-market price limit will be lifted after 18:00 (UTC+8) on March 3.ChainCatcher previously reported that the Binance pre-market has launched an upward circuit breaker mechanism. The circuit breaker mechanism means that within 72 hours before the market opens, the highest trading price cannot exceed a certain percentage of the opening price. After 72 hours, there will be no restrictions on the trading price, and normal trading will resume. Taking RED as an example, the maximum holding limit for each user before listing is: 5,000 RED. The upward circuit breaker rules are:2025-02-28 18:00 (UTC+8) - 2025-03-01 17:59 (UTC+8): The maximum allowable price limit is 200% of the initial opening price;2025-03-01 18:00 (UTC+8) - 2025-03-02 17:59 (UTC+8): The maximum allowable price limit is 300% of the initial opening price;2025-03-02 18:00 (UTC+8) - 2025-03-03 17:59 (UTC+8): The maximum allowable price limit is 400% of the initial opening price;After 2025-03-03 18:00 (UTC+8): No price limits in the pre-trading market.It is worth noting that this price limit mechanism is only being tested during the issuance of the RED token, and it is currently uncertain whether this feature will become a long-term feature of the future pre-market.
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