$USUAL The token market is highly volatile, how should retail investors respond?
If you have seen my updates before, you should know I've been closely monitoring $USUAL. I am now digging deep into its current decline and the total supply issue that everyone has been concerned about.
Let's talk about market trends first:
$USUAL has recently dropped by 10.44%, and the current price is $1.1543. Previously, it reached a historical high of $1.6356 on December 20, 2024.
The current price is hovering around the 25-day moving average, which serves as a support line at 50.2. This indicates that the market is neither oversold nor bullish, but in a neutral state.
The trading volume has decreased, suggesting that there are still more sellers than buyers.
When will it rise again?
I think if nothing bad happens, $USUAL might stabilize in 1-2 weeks and then start to rebound. Trading volume needs to increase, and the number of buyers must rise in order to turn things around.
Now let's talk about the total supply of $USUAL tokens.
Many people in the community are quite concerned about this:
Some say the total supply is 495 million, and every 4 months over 4 years, 495 million tokens will be released. But it's only been 1 month since the listing, and the total supply has already reached 501.75 million.
Why is this happening? I think it might be due to reward tokens, liquidity requirements, or some strategies prior to issuance.
A maximum of 4 billion tokens can be issued, so this small excess number should not change the long-term plan.
It's important to keep an eye on the team's updates to ensure that their token issuance is transparent, and we also need to be aware of this.
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