🔥🔥 Usual target: 50 USD!

Brothers, I am the person who bought over 20,000 BNB at 1.5 USD in January 2017 and did not hold on. Who could have imagined that in just a few years, it could rise to 700 USD? Every time I think about this regretful transaction, I tell myself that for good projects, we might as well imagine boldly; their growth often far exceeds expectations!

Next, let's get to the point and talk about why I believe usual may have a hundredfold upside potential. I am extremely optimistic about it for three main reasons:

1. Usual is a community project with 13 investors collectively obtaining 5% of the tokens, locked for 12 months. This extremely low ratio can be seen as the project having no VC, so there is no need to worry about institutional sell-offs. The project was launched at the beginning of a bull market, coinciding with investors' deep aversion to VCs, making it a timely opportunity.

2. There are three similar projects: usual (market cap 1.7 billion), ena (market cap 15.7 billion), and ondo (market cap 17.1 billion). Ena's mechanism will indeed attract a lot of funds during the bull market, but its arbitrage model cannot operate during the bear market, at which time the TVL may significantly flow out; ondo currently has a TVL of 630 million, but a market cap of 17.1 billion. Currently, usual has a TVL of 540 million and is rapidly growing at a rate of 2-3% per day. In comparison, it is clear that usual has much greater investment return potential. At the same time, it can also be seen that good stablecoin RWA projects are unlikely to have a market cap below 10 billion.

3. The key point is coming 🔥🔥:

Usual will be the number one coin in a bear market!

Its mechanism ensures that holding its stablecoin USD0++ during a bear market will yield no less than 5% stable returns (derived from U.S. Treasury investment returns). We know that the cryptocurrency market is highly volatile; during a bear market, most coins experience an average drop of over 75%. Holding coins often results in heavy losses. Savvy investors can mitigate risks by holding traditional stablecoins (USDT, USDC), while most people can only watch their assets continuously shrink. Holding traditional stablecoins (USDT, USDC) can avoid risks but cannot gain any other benefits. The profits of over 10 billion from USDC and USDT are taken by the project parties, leaving nothing for the cryptocurrency community! Now usual has arrived. This fully decentralized community project, with a safety level comparable to U.S. Treasury bonds, allows holders of its stablecoin to also avoid systemic risks during a bear market while bringing no less than 5% annualized returns! In fact, considering the growth of the protocol's TVL, income will also grow, thus supporting the coin price. Holding usual's stablecoin during a bear market is likely to yield returns exceeding 5%.

Let's compare: holding during the bear market:

USDC yield 0

USDT yield 0

USD0++ yield 5%-30% (guaranteed 5%)

As long as one isn't a fool, it's clear how to choose!

Of course, it is also possible to hold the stablecoin of ondo, which is also a government bond stablecoin project. This is originally why I am optimistic about ondo, but currently, ondo's market capitalization has reached 17.1 billion. In comparison, usual is evidently more attractive.

But if I am optimistic about usual, why do I see 50 USD?

—— The current market capitalization of stablecoins is 200 billion, which is expected to exceed 300 billion by the end of this bull market. USDC and USDT together account for 90%. I assume that when the bull market ends, 50% of the funds will choose to hold USDT and USDC, which have no returns for various reasons to avoid risk. Therefore, the other 50%, which is 150 billion USD, will choose to hold usual and ondo's stablecoins to mitigate risks.

Compared to usual's stablecoin, ondo lacks sufficient incentives. This can be clearly seen from the recent TVL, as ondo's TVL has recently decreased instead of increasing, while usual is growing rapidly at a rate of 2-3%. I expect at least 100 billion in new funds. If this prediction holds, it means that 100 billion TVL will generate 5 billion in government bond returns annually, plus an additional 5% lending yield from the stablecoin itself, totaling about 10% annually, approximately 10 billion USD in returns. In a bear market, we calculate based on a 20x price-to-earnings ratio for the S&P, corresponding to a valuation of 200 billion. Even when considering full circulation, this corresponds to a coin price of 50 USD!

Of course, this prediction may contain certain optimistic expectations, but it's not unreasonable to think about it repeatedly.

Coinbase has USDC

Binance has a favorite child, usual.

Based on Binance's rigorous coin selection ability, reputation, and traffic,

Based on Binance's brilliant performance of newly listed projects during past bull markets,

Based on investors' distrust of traditional stablecoins,

Based on investors' preference for community coins,

I think for the valuation of usual, we might as well be a bit bolder; what do you think?