Chat $USUAL : Price Trends and Token Quantity Matters
Let's talk about market trends first:
USUAL has recently dropped quite a bit, from the historical high of $1.6356 on December 20, 2024, all the way down to the current $1.1543, a decline of 10.44%. The price is now hovering around the 25-day moving average, which is currently its support line. The RSI value is 50.2, indicating that the market is neither too hot nor too cold, just steady. Trading volume is also decreasing, suggesting that sellers have the upper hand right now.
When will it rebound?
Based on my observations, I think $USUAL might stabilize and start to recover in 1-2 weeks. Of course, this is assuming nothing unexpected happens. For the price to reverse, trading volume needs to increase, and buyers need to show interest.
Now let's talk about token quantity:
Everyone in the community is saying that the total supply of $USUAL is 495 million, with 495 million tokens issued every 4 months over 4 years. But strangely, just one month after its launch, the total supply has reached 501.75 million. What's going on? I guess it could be due to reward token allocations, liquidity regulations, or something to do with pre-issuance token strategies.
However, there's no need to worry too much. Although the supply has increased a bit, the maximum supply is still 4 billion tokens, and this small fluctuation won't affect the bigger picture.
So, everyone should pay more attention to the team's updates to see how they explain this situation, ensuring the transparency and clarity of token issuance.
Finally, a few words:
The journey of USUAL has truly been full of ups and downs. But I still have faith in its future. Although it will take another 1-2 weeks to shake off the current downward trend, I believe it will recover.
As for the token quantity issue, everyone should keep an eye on official announcements and not be misled by rumors. Stay clear-headed and trade rationally!
Still the same: if you have any thoughts, let me know, and we can improve together.
As for the upcoming layout direction, I will guide everyone to target lucrative opportunities in altcoins, especially those with great potential, expecting a space of more than 10 times is not a problem. If you want to make big money in a bull market, like + comment, and I'll take you along to layout the entire bull market!