WHAT'S HAPPENING WITH USUAL?
I decided to make this post because I'm seeing a lot of people desperate about the fall of the newest launch on Binance, so that you can better understand what's happening and not operate like sardines.
For those who already have experience in this market, there's nothing new, but newcomers may be getting desperate.
As is typical in the cryptocurrency market, everything that is received for free tends to fall initially. This coin was distributed through the launchpool on Binance and to be honest with you, I usually sell the launches immediately after they are available on the market. In addition, there are pre-market platforms where there are trades of coins that haven't even been launched yet and USUAL was available on large platforms with wide trading before you could even get your hands on it.
After this initial movement, what will start to matter is whether the coin will attract new investors through good proposals, generation of real profit and creation of hype.
What made me stick with it this time was my belief that there is indeed significant potential, as the project has a great proposal to allow investors access to the profits from the backing of a stablecoin, something that until now was restricted to developers of currencies like Tether, for example. Tether currently has a market capitalization of over 100 billion. Can you imagine the size of the return they have on a backing of 100 billion? I'm even thinking about buying more USUAL if I create a good fund.
Anyway, always be careful when investing your money, especially in launches, memecoins, "jewels" or anything that seems like quick money. Seek guidance from professionals or people with extensive experience, invest only what you can afford to lose until you know how the game works.
If you have any questions or want to discuss, leave them in the comments.