Understanding $USUAL: Price Trends and Token Supply Explained
If you’ve been following my updates, you know I’ve been keeping a close eye on $USUAL. This is my 14th post about it, and I’m diving into the current bearish phase and the ongoing questions about its total supply.
Let’s start with the market trend:
$USUAL is down 10.44%, sitting at $1.1543, following its all-time high of $1.6356 on December 20, 2024.
The price is hanging around the 25-day Moving Average, which is acting as a support level for now.
The RSI at 50.2 indicates a neutral zone – not oversold, but not yet bullish either.
The reduced trading volume suggests sellers still have the upper hand, at least for now.
When Could It Turn Bullish?
Based on my research, I think $USUAL could stabilize and start recovering within 1-2 weeks, assuming no negative surprises. Increased volume and buyer interest are key to driving a reversal.
Clearing the Air About $USUAL’s Total Supply
Now, about the supply concerns that have been circulating in the community:
1. Many believe the total supply is 495 million, with 495 million tokens released every 4 months for 4 years. However, the current total supply is already 501.75 million after just 1 month of listing.
2. Why the discrepancy? My take is that this could be due to bonus token distributions, liquidity provisions, or other pre-launch tokenomics strategies.
The big picture:
The max supply remains 4 billion tokens, so this minor overage doesn’t necessarily change the long-term plan.
It’s important to watch for updates from the team to ensure transparency and clarity around token releases.
Final Thoughts
It’s been a wild ride for $USUAL, and I’m still optimistic about its future. The bearish phase might take another 1-2 weeks to shake off, but I believe it has the potential to recover.
For the supply concerns, I encourage everyone to rely on official announcements for the most accurate information. Stay informed and trade wisely!
As always, let me know your thoughts – this is a learning journey for all of us.
