Big Update:
(New prediction)
1. Binance have ended the Usual (USUAL) Pre-Market at 2024-12-17 09:00 (UTC) and will open spot trading for the following pairs at 2024-12-18 11:00 (UTC).
New Spot Trading Pairs: USUAL/BTC, USUAL/USDT, USUAL/FDUSD and USUAL/TRY.
2. Predicting the exact price movement of USUAL after its spot market listing on Binance is challenging due to several factors:
Potential Price Increase:
A. Increased Liquidity:
Listing on Binance, one of the largest cryptocurrency exchanges, will significantly increase liquidity for USUAL, potentially leading to higher price volatility.
B. Increased Trading Volume:
As more traders gain access to USUAL, trading volume could increase, which could drive the price up.
C. Positive Market Sentiment:
If the overall market sentiment for cryptocurrencies is positive, it could positively impact USUAL's price.
Potential Price Decrease:
D. Selling Pressure:
As some investors may choose to sell their USUAL tokens after the listing, it could lead to a temporary price decrease.
E. Market Volatility:
The cryptocurrency market is inherently volatile, and sudden price drops can occur due to various factors like news events, regulatory changes, or economic conditions.
Important Considerations:
F. Market Sentiment: The overall market sentiment towards cryptocurrencies and DeFi projects can significantly impact the price of USUAL.
G. Regulatory Landscape:
Clear and favorable regulations for cryptocurrencies could create a more stable and conducive environment for the growth of USUAL.
H. Project Development:
Ongoing development and improvements to the Usual protocol could enhance its functionality and attract more users, positively impacting the $USUAL token's value.
It's crucial to conduct thorough research and consider expert opinions before making any investment decisions. Always invest wisely and be aware of the risks involved in the cryptocurrency market.
I have guessed its open market price will be $5 please comment your guess.
Thank you .
