🏆🏆🏆 Usual may be one of the best new projects on Binance in this bull market.
From the pre-market, we started recommending it at 0.25, and it has now risen by as much as 6.7 times.
There are many flywheel models in the crypto world, but few are supported by large institutions; many projects can't get the flywheel going.
💰💰💰 In the crypto world, whether you trade VC or meme, I think it's all just trading air; trading Ponzi schemes is the way to win. If Usual is successful, the price will be around 6.5 USD, and if the bull market comes, it will likely start at 10 USD, making it a potential 5-10 times return target.
From the perspective of data growth, Usual's TVL has increased by 500 million in a week, and the staking amount for Usual has gone from opening staking on the 19th to 80 million in just three days, which is about 17% of the current circulation. Binance still has 327 million coins left, and the daily staking amount has increased by 20-30 million. At this growth rate, in 10 days, Binance may only have 127 million coins left, and at that time, the coin price won't just rise randomly.
Moreover, Usual's market cap is only 600 million, compared to 3.4 billion for Ena. In my view, it's only a matter of time before Usual surpasses Ena in TVL or market cap. Currently, the highest yield for stablecoins is Usual, with Ena at 12% and Usual at 74%. Additionally, Ena's staking only provides rewards, with 1 billion coins staked, which is 33% of the circulating supply. The staking yield of Usual's flywheel model exceeds that of Ena, and I believe the staking rate will only increase. If we benchmark at 33%, the staking amount should be at least 160 million.
Many people say Usual will crash; come on, this is just the beginning. If you think it will crash now, what's the difference from the bear market ending and you leaving the circle? You only see Luna crashing, but you don't see Luna rising hundreds of times, right? Won't you run away before a crash? So greedy? Do you think there are more smart investors or foolish ones at the project's start? How many fools are staking now? There’s no wisdom here, but you have to follow. Since Binance has listed Usual, there must be its own logic behind it.