$USUAL has fallen for several consecutive days, everyone has worked hard. I want to share something here. Although many people are complaining about the daily increase of over two million, which keeps causing inflation and prevents prices from rising.
In fact, regarding this matter, only half of it is correct. It is true that over two million are issued every day, but this is basically the interest that stakers receive. However! Most of the stakers will not sell at the current price; they won't sell unless the price is 2 or 3 dollars higher. Those who choose to stake are generally looking at the long term, rather than the immediate benefits that contract traders seek.
If you have been paying attention, you will notice that approximately two million have also been staked on the official website at the same time.
In simple terms, the more than two million issued daily will not all flow into the market, and I believe the proportion flowing in is not high. Additionally, there are several million staked back into the official website from the market, so the total circulating amount in the market is actually decreasing every day.
Currently, the circulating amount is about 510 million, while the amount staked on the official website is 193 million, leaving less than 320 million in the market, which is even lower than before trading.
Moreover, those who start staking from 02/01 can receive an additional reward of USD 0, so the number of stakers will definitely increase.
Right now, the price is being suppressed, and the main players are continuously accumulating. The current price is severely undervalued. Friends who are still holding on, just hang in there for a while longer; the future is sweet, and the price is sure to rise!