Analysis of USUAL/USDT: Potential and Risk
USUAL is a cryptocurrency with quite impressive fundamental indicators. However, to make an investment decision, a more thorough assessment of factors related to market capitalization, trading volume, and other technical factors is necessary. Here is a detailed analysis:
1. Basic Information
• Ranking: #343 (by market capitalization).
• Market capitalization: $132.36 million.
• Fully diluted market cap: $1.07 billion. This indicates that a large amount of tokens can still be released into the market, creating inflationary pressure in the future.
• 24h trading volume: $146.39 million. This is a good liquidity level, indicating that this coin is attracting interest from investors.
• Total circulating supply: 494.6 million USUAL.
• Total maximum supply: 4 billion USUAL.
2. Price Volatility
• All-time high (ATH): $0.45028 (on November 19, 2024).
• All-time low (ATL): $0.26017 (on November 19, 2024).
• Currently, the price of USUAL is experiencing significant fluctuations within a narrow range between these two levels. This indicates that the market is in an accumulation phase, or may be preparing for a breakout.
3. Technical Analysis
Based on fundamental parameters:
• Volume/Market capitalization: 110.6%. This is a relatively high figure, indicating that USUAL is experiencing lively trading. The market may be receiving significant capital inflow.
• Important price area:
• $0.26: Strong support at the all-time low. If the price falls to this level, it may be an opportunity to accumulate.
• $0.45: Major resistance at the all-time high. If this threshold is broken, USUAL may enter a new growth phase.
4. Potential and Risk
Potential:
• USUAL has a medium market capitalization, meaning there is still plenty of room for growth.
• High liquidity allows investors to trade easily without experiencing significant slippage.
• If the USUAL project has a good development roadmap or launches new features, its value could increase significantly in the future.
Risk:
• Fully diluted valuation (FDV) is nearly 10 times higher than the current market capitalization. If a large amount of tokens is released, the price may face downward pressure.
• Significant price volatility in a short time may pose challenges for short-term investors.
5. Conclusion and Investment Strategy
• Short-term investors: Closely monitor support levels of $0.26 and resistance at $0.45. Day trading with strict risk management.
• Long-term investors: Research further about the development team, project roadmap, and practical application potential of USUAL before investing.
USUAL is a coin with many attractive points, but investment needs to be carefully considered based on individual strategy and risk appetite.
Final advice: Always research thoroughly and do not invest more than you are willing to lose.
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