The stablecoin Usual (USUAL) was recently listed on Binance, marking a significant launch in the crypto ecosystem. It is issued by Usual Labs as a stablecoin backed by liquid and risk-free assets, designed to operate in the DeFi ecosystem.
The USUAL token has multiple functions, including governance, staking rewards, and controlled issuance based on the growth of its TVL (Total Value Locked) and revenue flow. This model seeks to ensure stability and sustainable long-term value.
Behavior Analysis
1. Initial evolution on Binance: Usual began its spot listing on Binance today, November 19, 2024.
Its incorporation is supported by a distribution scheme through Launchpool, incentivizing the staking of BNB and FDUSD to generate initial interest in the market.
2. Key factors that will influence its behavior:
Adoption and Liquidity: The acceptance of USUAL in DeFi applications and its initial access on Binance are crucial elements.
Macroeconomic conditions: Demand for stablecoins tends to correlate with the volatility of the cryptocurrency market.
Trust in decentralization: The decentralized model of backing and governance could attract investors concerned about risks associated with centralized stablecoins.
3. Short-term trend (10 days):
In the early days, USUAL is likely to experience high volatility due to speculation, with possible stabilization as its adoption grows and liquidity increases.
If staking rewards maintain competitive levels and its acceptance on DeFi platforms expands, its demand could increase, maintaining a moderate upward trend in the short term.
This analysis assumes that there will be no disruptive events such as regulatory changes or technical issues in the network supporting USUAL.
Continuing to monitor its adoption in Binance and DeFi will be key to understanding its future performance and will provide a clear guide to its behavior.
Sources: Binance, CoinMarketCap, DeFi Planet.
Follow me to share more content.