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Babba Ragga
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And now, what to do with USUAL?
I may be biased to say that I am riding a 22k USUAL position, but as I have already made clear here, all the metrics we use to price an asset in cryptocurrencies show that USUAL at 0.90 is extremely cheap. And that's without even taking into account what the protocol can deliver in the future.
If you have any questions about the metrics I used, ask me or see my other posts explaining the subject
I would be merely guessing here if I said that it will rise or fall at the launch. On one side, we have the selling force of the airdrop and the sardine crowd desperate to make a quick buck at the launch. On the other side, we have a launch on multiple platforms where several regions will have access, there will be no more purchase limit (whales can take large positions) plus the countless bots that are usually programmed to buy in the millisecond the asset is launched by the brokers.
What I can say is that I see no point in delivering this currency with such high potential at a low price. If there are large increases in value, with the asset reaching $2-5, it may make sense to sell. Otherwise, I think it is more interesting to hold on and trust in the intrinsic value of the protocol and its ability to deliver.
So, what do you think? Let's discuss it below.
I may be biased to say that I am riding a 22k USUAL position, but as I have already made clear here, all the metrics we use to price an asset in cryptocurrencies show that USUAL at 0.90 is extremely cheap. And that's without even taking into account what the protocol can deliver in the future.
If you have any questions about the metrics I used, ask me or see my other posts explaining the subject
I would be merely guessing here if I said that it will rise or fall at the launch. On one side, we have the selling force of the airdrop and the sardine crowd desperate to make a quick buck at the launch. On the other side, we have a launch on multiple platforms where several regions will have access, there will be no more purchase limit (whales can take large positions) plus the countless bots that are usually programmed to buy in the millisecond the asset is launched by the brokers.
What I can say is that I see no point in delivering this currency with such high potential at a low price. If there are large increases in value, with the asset reaching $2-5, it may make sense to sell. Otherwise, I think it is more interesting to hold on and trust in the intrinsic value of the protocol and its ability to deliver.
So, what do you think? Let's discuss it below.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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