Recently, the price of $USUAL has been declining, and I have some of my own views to share.
Every day, over 2 million USUAL coins are issued in the market, and many people believe this is the reason prices aren't going up, but I think they are only seeing the surface.
Indeed, new coins are issued every day, but most of them are actually the interest for those who are staking. These stakers will not easily sell off when prices are low. They will wait until prices rise to a satisfactory level, such as 2 or 3 dollars, before considering selling. Most people would rather hold these coins and enjoy the benefits of staking.
So, even though new coins are coming out, the actual circulation in the market is not much. On the contrary, as more and more people choose to stake, the number of coins in the market is actually decreasing.
Did you know? The circulating amount of USUAL in the market is only about 510 million coins, but there are 193 million coins staked on the official website. This means that the amount actually circulating in the market is less than 320 million coins, which is even lower than before the opening! Moreover, starting from February 1st, those who stake can receive an additional USD 0 reward, which will definitely attract more people to stake.
Are you trapped? When will be the right time to buy at the bottom? As the saying goes, if you are confused and helpless and don’t know what to do, click on my profile to follow me.
