$USUAL why does it feel that the only reason the dump was avoided is the rest of the market being in red? Also that would mean that we havent seen the worst for $BTC …
Also $USUAL staking apy is dropping really fast, meaning staking wont give any quick gains, and that people who staked large amounts (they already made the penalty fee back) will leave to look for more profitable opportunities… we paid for their staking, that extra supply is them getting USUAL. Yesterday day the daily return was at 20-25% (thats 0.25 on every $1 staked per day), it was at 8000% apy, dropped to 1000% today(probably even less), so that means that interest for the coin might decrease significantly and those who staked large amounts will leave for the next lucrative opportunity. I mean it was too good to pass on this opportunity if you have the funds ofc; they bought in at the drop on listing day, knew when the supply would increase , bought the dip they kinda caused, and since it is rising they are still here, but major sell off will happen at some point in time. Beware this is not financial advice!
“It is always better to gain 20% and miss an opportunity, than to lose big because you got greedy”