Amid global financial volatility, Bitcoin is emerging as a business strategic asset. A report by Bitcoin investment firm River shows a significant increase in companies’ Bitcoin accumulation, with adoption rising 154% from 2024 to the present.
This article analyzes the growth, the reasons behind this trend, and the latest insights from experts and companies.
Growth in Bitcoin Accumulation Among Businesses
According to River’s statistics, over 2,000 companies are using the platform to accumulate Bitcoin, an impressive 154% growth since 2024.
Leading industries include finance and investment (35.7%), technology (16.8%), professional & consulting services (16.5%), real estate and construction (9.7%), and sectors like healthcare (3.7%) and energy, agriculture, and transportation (3.1%).
Industry Breakdown of Businesses Using Bitcoin. Source: River.
This diversity shows that Bitcoin is no longer limited to high-tech sectors. It has expanded into a wide range of industries. One notable example is BlueCotton, a T-shirt printing company that uses Bitcoin to support its operations. Fast food chain Steak ‘n Shake also began accepting Bitcoin payments at all US locations on May 16, 2025.
Reports also indicate that businesses have become the leading buyers of Bitcoin, outpacing governments and exchange-traded funds (ETFs).
Why Are Businesses Allocating Assets to Bitcoin?
Businesses accumulate Bitcoin primarily because it can hedge against inflation and preserve value.
Cash has significantly lost value as inflation rises and governments continue to print money. River calculated that a company investing 3% of its assets in Bitcoin earned a 20% inflation-adjusted return between 2021 and 2025. In contrast, holding only cash led to a 19% loss, while money market funds saw a 6.7% loss.
Inflation-Adjusted Returns of Bitcoin Holding Companies. Source: River
“Bitcoin provides a unique diversification as a liquid, scarce asset with a fixed supply of 21 million coins. This scarcity has historically allowed Bitcoin to far outperform inflation, making it an effective long-term store of value,” River’s report states.
Bitcoin also offers 24/7 liquidity, giving businesses access to capital anytime. This proved especially valuable during crises, such as the collapse of Silicon Valley Bank in 2023, when many companies couldn’t withdraw their cash.
According to data from BitcoinTreasuries, private and public companies have accumulated over 1 million BTC as of 2025. Standard Chartered predicts that the accumulation activity by companies, governments, and ETFs could drive Bitcoin to $120,000 in Q2 2025.
MOODENG, the Solana-based meme coin, has recently experienced an incredible 700% surge in price over the past week. This jump has positioned it as one of the top-performing tokens, and the growth is expected to continue as the market embraces the meme coin.
With momentum building, MOODENG is well on its way to potentially reaching a new all-time high (ATH).
MOODENG Finds Demand
The surge in MOODENG’s price is driven by organic demand, as indicated by the Open Interest (OI) data. Over the past week, traders have poured $324 million into the meme coin, pushing the OI from $18 million to $342 million. This 1,800% increase in OI suggests a strong market interest, with demand for MOODENG extending beyond its spot market performance.
In the futures market, the strong interest in MOODENG also points to growing optimism around the token. With $324 million flowing into the futures contracts, it’s evident that traders are betting on the meme coin’s success.
Data from Holderscan shows that MOODENG’s holder base has expanded significantly, now reaching 75,000 holders. Interestingly, the distribution of assets among holders with less than $10 worth of the token has surged from 17% to 33% in the last ten days.
This shift indicates that smaller retail investors are now actively buying MOODENG, further boosting its market presence. This growing number of smaller holders suggests that MOODENG is gaining traction among institutional investors and with retail participants who see potential for substantial gains.
MOODENG’s price has shot up by 703% in the past week, currently trading at $0.305, just below the resistance of $0.355. The recent rally has positioned the coin near its ATH, and breaking through the $0.355 resistance could open the door for further price appreciation.
If MOODENG manages to breach the $0.355 barrier and flip it into support, it could surge past its previous ATH of $0.700. The continuation of the bullish trend would likely push the price even higher, solidifying MOODENG’s position as a major meme coin in the market.
However, if MOODENG fails to break through the $0.355 resistance, a decline is possible. In this scenario, the meme coin’s price could fall back to $0.180 or even lower if profit-taking increases among investors. This would invalidate the current bullish outlook and prompt a correction in price.
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to understand why the share price of Cantor Equity Partners Inc. (CEP) is seeing downside pressure while the share price of Strategy’s stock (MSTR) is increasing. CEP is the company behind 21 Capital, a newly established firm imitating Strategy’s Bitcoin model.
Crypto News of the Day: Max Keiser Issues 21 Capital Warning as CEP Shares Sink
Twenty One Capital’s ambitions to become the next major corporate Bitcoin player are under fire. The share price of its holding company, Cantor Equity Partners Inc., is bearing the brunt of overhead pressure.
The CEP stock price is down by over 6% in the last five trading days. Meanwhile, the share price of its market rival, Strategy (formerly MicroStrategy), is up by over 7%.
Headed by James Mallers, Twenty One Capital presented as Strategy’s inadvertent market rival, or peer. It introduced BTC-native metrics like Bitcoin Per Share (BPS), effectively challenging Strategy’s model, where investors have indirect exposure to Bitcoin through MSTR stock.
In a recent US Crypto News publication, Bitcoin pioneer Max Keiser said institutions must “Saylorize” or die. Nevertheless, despite Twenty One Capital extending the “Saylorization” trend, the CEP stock price continues to endure downward pressure while Strategy’s stock price is gaining.
Against this backdrop, investors hoped that hype around Cantor Equity Partners Inc.’s planned SPAC merger could reverse the trend, but this appears to be false hope. Notably, the merger would see CEP stock listed under the new ticker XXI.
“Cantor Equity Partners (CEP) announced a merger with bitcoin treasury company Twenty One Capital in a $3.6 billion merger,” reports indicated.
The announcement propelled shares of the SPAC vehicle, Cantor Equity Partners (CEP), sharply higher, but now momentum is fading.
Investors who hoped for a post-merger rally have watched the stock drift downward toward the mid-$20s over the past five days.
BeInCrypto contacted Max Keiser for insights into why this is happening, with the Bitcoin maxi blaming it on Twenty One Capital’s model mimicking Strategy.
Mimicking Strategy Could Be Detrimental, Max Keiser Says
According to Max Keiser, Twenty One Capital’s attempt to mimic Strategy could prove far riskier and less effective.
“There’s a big difference between a company with a Bitcoin treasury strategy and a Bitcoin strategy company,” Keiser told BeInCrypto.
Keiser says Strategy is leveraging its heft as a company with lots of Bitcoin, harnessing volatility to buy more BTC. However, Cantor Equity Partners Inc. or Twenty One Capital does not meet that standard.
“CEP is a company that is looking to buy lots of Bitcoin, which is very volatile. I question if they can effectively harness that volatility like Strategy does,” he added.
Twenty One Capital is the third-largest corporate Bitcoin holder after Strategy and Bitcoin mining firm MARA Holdings. Data on Bitcoin Treasuries shows Strategy holds 568,840 BTC, while MARA holds 48,237 Bitcoin tokens.
Meanwhile, after Tether acquired 4,812.2 Bitcoin (now held in an escrow wallet as Twenty One Capital prepares to complete a SPAC merger with Cantor Equity Partners), Twenty One Capital holds 36,312 Bitcoin tokens.
Corporate Bitcoin holders by portfolio size. Source: Bitcoin Treasuries.
In the interview with BeInCrypto, Keiser articulated that trying to copy Strategy’s model without the infrastructure, discipline, or scale puts 21 Capital in a precarious position.
“A Bitcoin strategy company is inherently riskier, with no clear path to be as competitive as Strategy in leveraging market volatility to capture more Bitcoin,” he stated.
Further, despite the surge in interest from investors hoping to jump on what appeared to be the “next big BTC play, Keiser believes the long-term winner is already clear.
“Ultimately, the big winner will continue to be Strategy, with dozens of knock-offs trying to catch them, failing to generate the same returns, but increasing demand for Bitcoin substantially. That ends up benefiting STRATEGY proportionately more than the knock-offs, with less risk,” he concluded.
This aligns with a sentiment from Steven Lubka, the Head of Swan Private Wealth. As BeInCrypto noted in one of the US Crypto News publications, Lubka said the inadvertent competition between Twenty One Capital and Strategy will ultimately bode well for Strategy.
“Ironically, someone throwing the gauntlet at Microstrategy, ‘we want to become the most successful company in Bitcoin, ‘ Only makes Microstrategy more valuable,” Lubka remarked.
Charts of the Day
Strategy’s MSTR stock price performance. Source: Google Finance
This chart shows Strategy Inc.’s stock price rose by $28.61 or 7.28% over the past five days, closing at $421.61 on May 14.
Cantor Equity Partners (CEP) stock price performance. Source: Google Finance
This chart shows a 5-day decline in Cantor Equity Partners Inc.’s stock price, down by 6.22% since May 7. CEP closed at $29.84 on Tuesday and is attempting a slight pre-market recovery.
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today:
Meme coins are continuing to observe bullishness in a market which is cooling down following the recent rise. Leading the joke tokens was ConstitutionDAO as it posted a 56% rise.
BeInCrypto has analysed two more such meme coins for investors to watch and the direction in which they are heading.
PEOPLE price surged 56% today, making it one of the top-performing tokens. Trading at $0.035, PEOPLE is working to secure $0.031 as a critical support level. This rise highlights increased investor interest and could signal more positive movement if the support level holds strong in the coming days.
Securing $0.031 as support is essential for the meme coin to maintain its bullish momentum. If the token can successfully hold above this level, it has the potential to continue rising. The next target would be $0.041, which could attract more buying pressure and strengthen its position in the market.
If PEOPLE fails to secure $0.031 as support, the altcoin may experience a decline. Increased selling pressure or profit-taking could drive the price lower, possibly reaching $0.023. Such a drop would invalidate the current bullish outlook, affecting investor sentiment and potentially leading to further losses.
BOME resurfaced this week, showing impressive growth with a 25% rise in the last 24 hours. The meme coin is currently trading at $0.0028 and is facing a key resistance at $0.0033. The price action suggests potential for further upward movement, but this resistance could hinder continued gains.
Despite the recent surge, BOME’s bullish momentum seems to be losing strength. The token appears to be consolidating between $0.0033 and $0.0023, which could limit price movement in the short term. A lack of buying pressure could stall its rally, causing it to remain in this range for now.
If broader market conditions remain positive, BOME may break through the $0.0033 resistance. This could trigger a further rally, pushing the price toward $0.0040. Such a move would invalidate the bearish outlook and attract more investors, strengthening its position in the market.
ELON is currently trading at $0.0000001757, just below the resistance level of $0.0000001781. The meme coin is tracking broader market trends, but it is showing positive signs with a growing number of holders. As of now, the total number of ELON holders stands at 162,419, indicating increasing investor interest.
ELON has demonstrated strong performance in the past, earning its place as a reliable token. To reach its target of $0.0000002075, the coin needs to flip the $0.0000001781 resistance into support. Securing this level would pave the way for further upward movement and attract more investors to the token.
If ELON fails to secure $0.0000001781 in support, it may experience a reversal. A drop below $0.0000001627 could lead to a further decline, potentially reaching $0.0000001402. This would invalidate the current bullish thesis and shift market sentiment away from the meme coin.
The Pi Foundation today announced the launch of Pi Network Ventures, a $100 million development initiative aimed at investing in startups and businesses that drive Pi adoption and utility.
The fund will be split between Pi tokens and US dollars, sourced from 10% of the PI supply allocated for foundation reserves.
Pi Network’s $100 Million Venture to Improve Utility
The initiative comes shortly after Pi Network’s Open Network launch, which enabled external connectivity. Pi Network Ventures will support early-stage to Series B companies that integrate Pi into products, services, or business processes. Investments will focus on sectors beyond crypto, including AI, fintech, ecommerce, embedded payments, and consumer applications.
Unlike typical blockchain venture funds, Pi Network Ventures plans to operate with Silicon Valley-style sourcing, selection, and vetting processes. Most investments will be made directly in Pi tokens rather than fiat, aligning incentives with Pi’s ecosystem growth.
The Pi Foundation emphasized that the fund’s goal is to accelerate real-world use cases of Pi and strengthen network effects among its tens of millions of KYC-verified users. The $100M is not guaranteed to be fully deployed and will be invested over time depending on the quality and number of applicants.
This marks a major development step as Pi seeks broader real-world integration and decentralized utility expansion.
According to a securities filing on Tuesday, Jack Mallers’ newly launched investment vehicle, Twenty One Capital, has acquired 4,812 Bitcointokens worth $458.7 million.
Backed by Tether, Cantor Fitzgerald, and SoftBank, the SPAC-born firm signals a new phase of corporate Bitcoin accumulation
Twenty One Capital Buys 4,812 Bitcoin Worth $458.7 Million
The purchase marks the firm’s first major Bitcoin acquisition since its formation in late April. It signals the start of an aggressive BTC accumulation strategy modeled after Michael Saylor’s Strategy.
The Bitcoin allocation, labeled “Initial PIPE Bitcoin,” was initially acquired by USDT issuer Tether. The stablecoin issuer and majority shareholder of Twenty One Capital. They structured the deal as part of a private investment in public equity (PIPE) transaction using gross proceeds from convertible notes.
Following the business combination that created the publicly traded entity, Tether transferred the BTC to Twenty One Capital for $458.7 million.
The company, trading under the ticker CEP, now holds a staggering $4.05 billion in Bitcoin. This makes it the third-largest corporate holder after Strategy and Marathon Digital. During its formation, they seeded its treasury with $3.6 billion in BTCvia a SPAC merger with Cantor Equity Partners.
“Twenty One Capital isn’t just stacking sats — it’s leading a generational shift in corporate capital allocation…Jack Mallers is taking the Saylor playbook and turning it into an arms race…For corporations to survive, they must mimic the Strategy’s process, they must ‘Saylorize’ or die,” Keiser told BeInCrypto.
Unlike traditional tech firms that hold BTC on the side, Twenty One Capital is designed to be Bitcoin-native at its core. This entails using equity and convertible debt as vehicles to acquire more BTC. The strategy reflects a broader transformation where companies are no longer “dabbling” in crypto. Instead, they are betting their business models on it.
The move also sharpens competition with entities like Metaplanet, Japan’s self-described “Asian MicroStrategy.” BeInCrypto reported that the firm recently ramped up BTC purchases through bond offerings.
Twenty One Capital’s alignment with powerhouses like Tether, Bitfinex, and Cantor Fitzgerald gives it a unique edge in liquidity, market access, and global infrastructure. This latest purchase goes beyond mimicking Strategy, 21 Capital is challenging it.
As corporate Bitcoin balance sheets gain momentum, Twenty One Capital’s aggressive entry may herald a second wave of institutional FOMO. This time, however, SPACs, sovereign-linked funds, and stablecoin giants drive the FOMO.
American financial services company Robinhood has announced that it is set to acquire WonderFi, a leading Canadian fintech and crypto platform, for $178.9 million (250 million CAD). The firm will buy WonderFi’s shares for $0.26 (0.36 CAD) each.
Robinhood announced the deal on May 13. This marks a significant step in its international expansion into the Canadian cryptocurrency market.
Robinhood to Enter Canadian Market via WonderFi Acquisition
According to the official announcement, Robinhood will finance the purchase with cash. The acquisition is expected to close in the second half of 2025, pending regulatory approvals, court approval, and WonderFi shareholder consent.
Notably, WonderFi currently manages over 2.1 billion CAD in custodied assets. It operates two Canadian-regulated digital asset exchanges, Bitbuy and Coinsquare. Furthermore, in 2024, the platform recorded a trading volume of 3.57 billion CAD and revenue of 62.1 million CAD.
“WonderFi has built a formidable family of brands serving beginner and advanced crypto users alike, making them an ideal partner to accelerate Robinhood’s mission in Canada,” Johann Kerbrat, SVP and GM of Robinhood Crypto, stated.
With this latest move, Robinhood aims to expand its offerings in Canada, a growing crypto market. The acquisition will leverage WonderFi’s technologies and products, including crypto trading, staking, and custody services.
Following the agreement, WonderFi will operate under Robinhood Crypto while continuing to deliver its existing products to Canadian customers. The WonderFi leadership team, including President and CEO Dean Skurka, will remain in place. They will join forces with Robinhood’s existing Canadian workforce of over 140 employees, based primarily in Toronto.
“WonderFi and Robinhood are united in our visions of making crypto accessible and bringing more people into the crypto space,” Skurka said.
The news positively impacted Robinhood’s stock, HOOD. According to Yahoo Finance data, the stock prices rose 8.9% to $62.5 at market close. Additionally, HOOD appreciated an additional 0.3% to $62.7 in after-hours trading.
This latest decision aligns with Robinhood’s broader strategy to expand its global footprint in the cryptocurrency sector. In 2024, the firm entered an agreement to acquire Bitstamp.
These deals are supported by a more favorable regulatory environment under President Trump’s second term. In fact, in late February, the SEC dropped its investigation into Robinhood, with similar steps taken for Coinbase, OpenSea, and others.
Meanwhile, Robinhood isn’t alone in its expansion plans. On May 8, Coinbase announced its $2.9 billion purchase of Deribit. Preceding that, Ripple acquired Hidden Road for $1.25 billion. In addition, Kraken bought NinjaTrader in a $1.5 billion deal. This reflects a broader trend of major crypto players acquiring financial platforms.
Aave and Uniswap protocols recently created new records amid signs of a recovery in the cryptocurrency market.
Record-breaking achievements by Aave and Uniswap amid a recovering crypto market raise the question: Are we witnessing the start of a new DeFi boom, or is this just a short-term surge?
Whale Activity Signals Confidence in Aave
With Ethereum (ETH) surpassing $2,500, a key milestone in a volatile crypto market, whale activity on Aave and milestones from Uniswap paint a picture of the decentralized finance (DeFi) ecosystem.
A wallet linked to WLFI recently deposited 50 WBTC into Aave V3 and borrowed 400 million USDC to purchase 1,590 WETH at an average price of $2,515. This wallet now holds assets worth $15.11 million, including 3,924 WETH ($9.91 million) and 50 WBTC ($5.19 million). It has a healthy position on Aave (Health Rate of 2.0), reflecting confidence in ETH’s upside potential.
On the same day, a whale named nemorino.eth bought 3,088 WETH at an average price of $2,488, securing an unrealized profit of approximately $124,000. This reinforces bullish sentiment around ETH as large investors accumulate near the $2,500 level. However, not all whales are optimistic.
On May 12, 2025, EmberCN reported that a whale borrowed 5,000 ETH from Aave in 50 minutes and shorted it at $2,491, highlighting divergent investment strategies.
Is DeFi Poised for a Boom?
The surge in whale activity on Aave aligns with remarkable DeFi milestones. Aave’s founder, Stani Kulechov, announced on May 11, 2025, that Aave reached a record Total Value Locked (TVL) of $25 billion, making it one of the largest DeFi protocols.
According to DeFiLlama data from May 14, 2025, Aave accounts for over 21% of the DeFi market’s TVL, surpassing competitors like Lido (LDO) and EigenLayer (EIGEN). This growth is largely driven by large investors depositing substantial assets into the protocol.
Meanwhile, Uniswap, a leading decentralized exchange (DEX), achieved a historic milestone. On May 12, 2025, Uniswapreported that its all-time trading volume surpassed $3 trillion, showing DeFi’s appeal.
DefilLama data from May 14, 2025, shows that Uniswap processes over $3.6 billion in transactions in 24 hours, capturing 24% of global DEX trading volume and solidifying its dominance.
These milestones from Aave and Uniswap reflect DeFi’s growth and a shift of capital from traditional finance to decentralized protocols.
Implications of Whale Movements and DeFi Growth
These developments carry significant implications for ETH and the DeFi ecosystem. Active whale participation on Aave signals a strong belief in ETH, particularly as its price exceeds $2,500. This optimism supports the broader DeFi narrative.
Aave’s $25 billion TVL highlights its role in providing liquidity and supporting complex investment strategies. Similarly, Uniswap’s $3 trillion trading volume shows the popularity of DEXs, enabling direct, intermediary-free trading that reduces costs and enhances transparency.
The DeFi boom could propel ETH’s long-term growth. The price surpassing $2,500, coupled with whale activity, indicates DeFi is becoming a cornerstone of Ethereum’s ecosystem.
The rise of Aave and Uniswap, fueled by record TVL and trading volumes, alongside significant whale activity, suggests DeFi is entering a new growth phase. While short-term market fluctuations remain possible, these protocols’ increasing institutional interest and strong fundamentals point to a sustained DeFi boom, with Ethereum at its core. However, investors should monitor market movement and whale strategies, as divergent approaches signal potential volatility.
Ethereum (ETH) shows signs of strength and caution after a sharp 49% rally in the past week. While its market cap has returned above $300 billion and EMA indicators remain bullish, momentum indicators are starting to cool.
The ADX has dropped from 61 to 47.99, and RSI has fallen from 86 to 63, suggesting the uptrend may be losing steam. However, buyers are still active, and if ETH breaks above key resistance, the next leg higher could take it past $3,000.
ETH DMI Signals Cooling Rally and Rising Bearish Pressure
Ethereum’s DMI indicator shows that its ADX has dropped from 61 to 47.99, signaling a weakening trend strength.
The ADX (Average Directional Index) measures the intensity of a trend, with values above 25 indicating a strong trend and above 40 suggesting very strong momentum.
The +DI line has fallen sharply from 47.96 to 27.2, showing that bullish momentum has cooled significantly.
Meanwhile, the -DI line has climbed from 3.39 to 13.97, suggesting that bearish pressure is starting to rise.
While the trend still favors the bulls, the gap between +DI and -DI is narrowing, and if this continues, Ethereum could face a short-term pullback or enter a consolidation phase. However, in the last hours +DI went up and -DI went down, suggesting ETH buyers are trying to maintain their control.
Ethereum RSI Cools From Overbought Zone but Remains Bullish
Ethereum’s RSI has dropped to 63 from a high of 86 three days ago, after holding above the overbought threshold of 70 for three straight days.
Interestingly, despite the recent dip, RSI has bounced from 54 just a few hours ago, suggesting some renewed buying interest in the short term.
RSI (Relative Strength Index) is a momentum indicator that ranges from 0 to 100. Readings above 70 typically indicate overbought conditions and potential for a pullback, while readings below 30 suggest oversold conditions and a possible bounce. Values between 50 and 70 generally point to moderate bullish momentum.
At 63, Ethereum’s RSI shows that the asset has cooled off from recent overbought levels but still maintains underlying bullish strength. This could mean the market is resetting after a strong rally, allowing room for another leg up if buying continues.
Ethereum Eyes $3,000 After 43% Weekly Surge, But Key Resistance Holds
Ethereum price is up 43.5% over the past seven days, with its market cap climbing back above $300 billion. Its EMA lines continue to show a strong bullish structure, reinforcing the current uptrend.
However, ETH recently tested the $2,617 resistance and failed to break through.
A successful breakout above that level could open the path toward $2,855 and even $3,000 for the first time since early February, with a possible extension to $3,442 if momentum accelerates.
On the downside, the $2,320 support is key. If ETH tests and loses that level, the price could slide to $1,938. A stronger bearish move might push it further down to $1,736.
Binance Alpha announced an airdrop for Redacted’s new RDAC token, making it the first platform to host the asset. RDAC fell more than 40% after the token first launched, but it has slowly recovered throughout the day.
RDAC powers Redacted’s startup accelerator ecosystem, enabling users to access a wide variety of Web3-oriented platforms. It already has staking capabilities to let holders passively reap additional rewards.
As with other recent projects, Binance Alpha attracted a lot of notoriety when it announced an airdrop for Redacted’s new RDAC token.
Binance is the first platform to feature Redacted (RDAC), with trading beginning on May 13, 2025, at 10:00 UTC.
Eligible Binance users with at least 205 Alpha points can claim an airdrop of 482 RDAC tokens on the Alpha Event page starting at 10:00 UTC on May 13, 2025.… https://t.co/7xOXmKrcBe
Redacted, a platform designed to accelerate startups across various Web3 sectors, was founded in 2021. It first launched RDAC in a closed sale this March, surpassing the firm’s $3 million funding target.
RDAC powers Redacted’s broader blockchain ecosystem, from various infrastructure platforms to staking rewards and more. These platforms offer features like cross-chain bridging, a DePIN GameFi project, marketplaces, NFT minting, etc.
Revenue from these platforms gets funneled back into the ecosystem, which attempts to maintain RDAC’s long-term sustainability.
Binance’s airdrop announcement attracted a lot of community interest, as this was the average retailer’s first opportunity to acquire RDAC.
Users can earn the asset by completing tasks within the Redacted ecosystem, like interacting with community channels. They can then stake RDAC to unlock additional benefits and rewards in addition to simply selling the token.
Crypto airdrops can frequently cause immense selling pressure, and RDAC’s Binance debut was no exception. Speculative investors quickly dumped the token, causing its value to plummet more than 50% in the first three hours.
However, it has steadily regained this ground throughout the day, displaying community interest in buying it and engaging with Redacted’s ecosystem.
Hopefully, RDAC’s quiet gains after the Binance airdrop are an encouraging sign for the ecosystem’s viability. Redacted has been constructing its startup accelerator for several years, and it has ambitious plans for the future.
A high-profile introduction like this can help set RDAC up for long-term success.
