Can $USUAL Hit the $1 Mark? A Deep Dive Analysis
To assess whether USUAL ($USUAL ) could realistically achieve a $1 price point, let’s evaluate the critical metrics and market dynamics shaping its potential growth.
Key Metrics to Note
1. Current Trading Price: $0.3129
2. Market Capitalization: $157.05 million
3. Circulating Supply: 494.6 million tokens
4. Maximum Token Supply: 4 billion tokens
5. Fully Diluted Market Cap: $1.27 billion
6. Volume-to-Market Cap Ratio: 21.34%
7. Historical High: $0.4503 (recorded on November 19, 2024)
What It Would Take for USUAL to Reach $1
Market Cap Requirements
With Current Circulating Supply:
If the circulating supply remains at 494.6 million tokens, USUAL’s market capitalization must increase to:
$1 × 494.6 million = $494.6 million
If Maximum Supply Becomes Circulating:
Assuming the full supply of 4 billion tokens is in circulation, the market cap required would skyrocket to:
$1 × 4 billion = $4 billion
Factors Influencing USUAL’s Growth Potential
1. Trading Activity:
With a daily trading volume of $33.51 million, the token exhibits strong activity. Maintaining or expanding this volume could serve as a catalyst for price appreciation.
2. Supply Dynamics:
Any increase in circulating tokens from the total supply cap of 4 billion could dilute the price unless market demand grows in tandem.
3. Market Sentiment & Ecosystem Development:
Achieving a $1 price will depend heavily on positive market trends, community interest, and the project’s ability to showcase real-world utility or secure strategic partnerships.
Conclusion: Is $1 Attainable?
USUAL could reach the $1 mark if it meets the following conditions:
The current circulating market cap triples to approximately $494 million.
Investor interest and demand not only remain consistent but grow significantly.
The project garners greater visibility through utility enhancements or noteworthy collaborations.
However, external factors, including broader market trends and adoption rates, will heavily influence.