$USUAL: Short-term speculation or potential stock?

Many people say $USUAL is a garbage coin, but if you look at the data, the situation seems not so simple. The current price is $0.9358, which has dropped by 11.59%.

Its historical highest price reached $1.6356, while the lowest price fell to $0.2055. It can be seen that the fluctuations of this coin in the past month have been quite dramatic, from the lowest point to the highest point and then back down, with considerable volatility.

Such large fluctuations may be due to speculation or influenced by external factors. In terms of market capitalization, it is currently $454.36 million, but if considering the maximum supply, the fully diluted market cap could reach $3.72 billion.

For a mid-sized cryptocurrency, this market cap is quite good, but if all tokens are circulated, it may face significant inflationary pressure.

Currently, the circulating supply of tokens is 488.17 million, with a total supply of 509.67 million, and it could potentially reach 4 billion in the future. This means that the currently circulating tokens only account for 12.2% of the maximum supply. Unless demand can continue to grow, such a large supply may dilute the value of the tokens.

In terms of trading volume, it is currently $251.81 million, accounting for 55.42% of the market cap, indicating good liquidity, but it could also mean that someone is pushing up the price. On the other hand, $USUAL only holds a 0.0141% share of the global cryptocurrency market, making it a minor player.

Overall, the price fluctuations of $USUAL are significant, and in the short term, it may be a result of speculation. If you plan to operate with this coin, be cautious of such drastic fluctuations. At the same time, with the increase in future supply, inflationary pressure cannot be ignored, and long-term investment requires caution.