$USUAL
Current price 0.98$
Target 1🎯 : 1.10$
Target 2🎯: 1.19$
Target 3🎯: 1.30$
open long positon with 8-10x leverage
stop loss 0.75$
Entry : 0.95-0.98$
you are thinking guys how it can go up to 1.30$ today or tomorrow ?
Let's delve into the fundamental and technical analysis of the USUAL
Fundamental Analysis
Project Overview: USUAL is a decentralized fiat-backed stablecoin issuer that redistributes ownership and governance through the $USUAL token. It utilizes a multi-chain infrastructure to aggregate tokenized Real-World Assets (RWAs) from entities like BlackRock, Ondo, Mountain Protocol, M0, and Hashnote, transforming them into USD0, a permissionless, on-chain verifiable stablecoin.
Market Capitalization: Approximately $475.67 million, with a fully diluted valuation of $3.85 billion.
Circulating Supply: 494.60 million USUAL tokens, representing 12.4% of the maximum supply of 4 billion tokens.
Recent Developments: The project has been active in integrating with major financial entities to back its stablecoin, enhancing its credibility and potential adoption.
Technical Analysis
Current Price: As of December 19, 2024, the price is approximately $0.981, showing a 15.92% increase in the last 24 hours.
Trading Volume: The 24-hour trading volume is around $1.55 billion, indicating significant market activity.
All-Time High/Low: The token reached an all-time high of $1.19 on December 18, 2024, and an all-time low of $0.208 on November 20, 2024.
Price Movement: The recent surge suggests strong bullish momentum, possibly due to increased adoption or positive news.
Conclusion
USUAL exhibits solid fundamentals with its decentralized approach to fiat-backed stablecoins and significant backing from reputable financial entities. The recent price surge and high trading volume indicate growing market interest closely.Please remember that cryptocurrency investments carry risks, and it's essential to conduct thorough research and consider your financial situation before making investment decisions.