RED is in very strong position I hope it is here to stay for long time and it will grow with care. This project is backed by legit team behind this who have very good track record and moving forward this more good spirit last year was full of ICOs and most of them failed to deliver any useful product but this project have different story.
Current bear situation is a result of countless failed promises. Thousands projects wanted to make huge changes and improvements to almost everything one could think of. But RED could be a game changer if it really delivers the platform and start to use its token for energy trading in a commercial dimension. Hope so