$USUAL ¿FAILED?
The answer is: NO
It simply had a very large and sudden rise, due to the fomo created by the coin and an even larger rise., when the whole market started to decline. And investors sought refuge from the falls of the other altcoins.
Now that the market is slowly recovering, the capital that entered Usual due to the panic of investors is returning to other altcoins.
It is important to understand that Usual's stablecoin has a lot of competition to position itself as the preferred coin of exchanges.
BINANCE, the largest exchange in the world, will prioritize USDC over the fall of Tether USDT.
And if you look at Coin Market, among the top 100 coins with the highest market capitalization, there are several stablecoins.
With which Usual's stablecoin will compete.
Usual is a great project, but the price increase it had was: too sudden.
For a coin that still has not achieved adoption in exchanges and even less with institutions.
It has a long way to go., but let's stay tuned for good news. In the meantime, it has already shown us that it reached a high price solely through speculation, and now when it achieves adoption we will have a coin with a lot of utility.