$USUAL February 1st, wait and see, the more you pledge, the fewer coins will be in circulation. One month before the pot, let everyone get on board. With this market heat, I don’t believe it won’t go up.
Usual turning on the token fee switch may have many effects on the coin price:
Positive impact
- Attract investors: This mechanism provides direct income distribution for USUALx pledgers, which is a great attraction for investors. It may attract more people to buy USUAL and pledge it as USUALx, thereby increasing the demand for USUAL coins and driving up the coin price.
- Reduce circulation: If a large number of users choose to pledge USUAL, the circulation of USUAL in the market will decrease. According to the supply and demand relationship, when the circulation decreases and the demand increases relatively, the coin price tends to rise.
- Enhance confidence: The introduction of this mechanism conveys to the market the confidence of the project party in its own development and profitability, as well as the attitude of feedback to users, which may make investors more optimistic about the project, enhance investors’ confidence, and then attract more investors to participate, prompting the coin price to rise.
Negative impact
- Short-term selling pressure risk: If a large number of users purchase USUAL in order to participate in staking, it may lead to a significant increase in demand for USUAL in the market in the short term, and the price may rise rapidly. However, when the staking users gradually unlock and sell, it may cause a certain selling pressure on the coin price, causing the price to fall. - Risk of income not meeting expectations: If the income of the agreement is not as expected, or there are problems in the distribution process, it may affect investors' confidence, and thus have a negative impact on the coin price.
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