Citing the most genuine analysis from friends in the square, those who don't understand this coin should research the white paper. This is not a useless coin. Hold onto your chips, and when trading starts, it will break through three knives, aiming for ten knives!!!
"Now there is a question, because pre-market trading hasn't opened rewards yet, so the higher the governance token price, the higher the APY shown on the official website. The higher the APY, the higher the deposits, until pre-market trading ends, and the unlocking of rewards at the opening, mining, withdrawing, selling, and the market's optimistic buying and repurchasing reach a dynamic balance. Where is this balance point? Currently, it seems that this pre-market trading trick is feasible, but the key lies in the real supply-demand relationship after the official opening." In fact, a few days ago, some friends also asked this question, and today I will provide a unified answer to this question. We can analyze from a macro perspective: after Binance officially starts trading, the total circulation, including subsequent airdrops, is actually 495 million. Currently, 334 million has been circulating and traded on Binance and other exchanges, leaving 161 million that has not entered market circulation. However, with the distribution of airdrops and the official start of trading on Binance, these coins can be funneled into trading. Right now, it is pre-market trading, and participation from Europe and America is prohibited, so purchases cannot be made. Currently, only the Asian region is trading this token, and there is a limit on the amount for retail and institutions set at 40,000 pieces. In other words, trading in the Asian region accounts for 334 million/495 million = 67% of the circulation, taking up two-thirds. After the official trading starts, the additional 161 million tokens will flow into the market, but also friends from Europe and America will be able to lift the purchase limit and make purchases. Based on previous trading history, friends from Europe and America have greater purchasing power in the crypto space than those in Asia. The additional 161 million USUAL entering the market will have little impact and will be fully absorbed. With more than half of the purchasing power buying one-third of the tokens, it will only further drive up the coin price. Furthermore, the official trading will remove the purchase limit, allowing institutions, whales, and large capital to buy without restriction, which will further push up the coin price. In other words, after Binance officially starts trading, demand will exceed supply. The trading balance will tilt towards the buyers, which is a favorable sign, and the price of USUAL will be further elevated.
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