In-depth analysis of the five major logics behind the rise of USUAL coin and the outlook for dog coins.
In the vast starry sky of cryptocurrency, the recent performance of USUAL coin is noteworthy. Its price rise is not coincidental; behind it lies a rigorous and highly attractive logic for the increase.
Firstly, the issuance purpose is unique and ingenious. USD0, as the first liquid token in the USUAL ecosystem, is anchored to real-world assets (RWA) with a 1:1 ultra-short term, this design acts like a solid cornerstone, greatly reducing the risk of being discounted in asset redemption scenarios, ensuring the stable operation of the entire ecosystem. As a governance token, USUAL carries multiple missions. It not only grants holders governance control but also cleverly incentivizes long-term holding behavior through staking rewards and a deflationary issuance mechanism, promoting deep community participation in governance, while also continuously appreciating in value like a rare gem due to its increasing scarcity, radiating unique charm in the market.
Secondly, the issuance background is strong. The Usual project is like a highly regarded new star, favored and strongly supported by top institutions such as IOSG Ventures and Kraken Ventures, and has successfully completed multiple rounds of financing, with a total amount reaching 8.5 million USD. This substantial funding serves as a powerful fuel, injecting continuous energy into its subsequent journey. Additionally, Usual Labs, as the creator of USUAL coin, focuses on innovation and exploration in the stablecoin technology field. Its founder Pierre Person is an individual with extraordinary influence in both political and business circles, serving as a French politician and member of parliament, and being a key leader in the legislative process of crypto assets in France, as well as a political advisor to the French president, such a background undoubtedly adds a dazzling brilliance and strong credibility to the development of USUAL coin.
Thirdly, the decentralized characteristics highlight advantages. Among stablecoins, USUAL coin stands out with its unique decentralized traits. Compared to traditional centralized stablecoins like USDT and USDC, the issuance and governance of USUAL coin entirely rely on smart contracts and community autonomy, completely freeing itself from the absolute control of a single entity or institution. This ingenious design of decentralization acts like a transparent bridge, enabling users to clearly understand the issuance context and collateral details of the stablecoin, greatly enhancing user trust and confidence in USUAL coin, and positioning it advantageously in market competition.
Fourthly, there is enormous potential for profit and growth. USUAL coin opens up a new path for users to achieve substantial returns. Users only need to deposit profit-generating assets (like USYC) into the Usual protocol to obtain speculative returns closely linked to the protocol's success, and this return aims to surpass the risk-free return of the underlying asset, akin to an enticing fruit, bringing additional wealth appreciation opportunities to users. Meanwhile, with the continuous evolution and expansion of the Usual protocol, users can like passengers on a giant ship sailing through waves, fully sharing the value dividends released during the protocol's growth process, enjoying the joy of wealth growth.
Fifthly, large exchanges help take off. In the world of cryptocurrency, the support of large exchanges is undoubtedly a key booster for project success. USUAL coin is fortunate to be listed on Binance, the world's largest cryptocurrency exchange, and has gone through a rigorous one-month pre-market trading verification. This process is like a grand market warm-up, not only fully testing the market adaptability and stability of USUAL coin but also keeping its market sentiment burning like a raging fire, attracting the attention of numerous investors and laying a solid market foundation for its steady price rise.
Looking to the future, in the wave of innovation in cryptocurrency, the small dog coin puppies themed around Musk is emerging on the Ethereum chain. With its unique creative concept, it attracts the attention of many cryptocurrency enthusiasts leveraging the powerful technological ecosystem and broad user base of the Ethereum chain. Although its current market capitalization and influence are relatively small, with Musk's strong personal brand effect and the crypto community's enthusiastic pursuit of novel concepts, small dog coin puppies are expected to carve out their own unique territory in the future market, becoming a distinctive landscape in the cryptocurrency market, alongside excellent projects like USUAL coin, together building a diverse and vibrant cryptocurrency ecosystem.
