$RE Today it directly pulled 25%, with 35M in volume. This new coin launched only 12 days ago—having this kind of level is pretty rare.
I looked into it: Re Protocol does on-chain reinsurance. Before launch, it had already underwritten over 500 million in premiums, with cooperation from 40+ insurance institutions. Saying it isn’t an empty/air coin is hard to refute.
With 16% circulating supply, the float is small—easy to pump and easy to smash too. But in the RWA track, this is one of the few narratives with real-world business, not just pure concept.
Seed round raised 21 million, with investments from Electric Capital and Framework. Institutional low-float new coin—short-term trading/volatility attributes are maxed.
Today’s volume looks like smart money is indeed moving in, but the reinsurance track is too narrow; whether it can break out to the wider market is questionable.
What do you think? #RWA #New Coin Watch
I looked into it: Re Protocol does on-chain reinsurance. Before launch, it had already underwritten over 500 million in premiums, with cooperation from 40+ insurance institutions. Saying it isn’t an empty/air coin is hard to refute.
With 16% circulating supply, the float is small—easy to pump and easy to smash too. But in the RWA track, this is one of the few narratives with real-world business, not just pure concept.
Seed round raised 21 million, with investments from Electric Capital and Framework. Institutional low-float new coin—short-term trading/volatility attributes are maxed.
Today’s volume looks like smart money is indeed moving in, but the reinsurance track is too narrow; whether it can break out to the wider market is questionable.
What do you think? #RWA #New Coin Watch