#USUAL
THE TRUTH THAT THE WHALES DON'T WANT YOU TO KNOW!!
This coin was launched four days ago and, despite the global market being in a downturn, it has held firm, which is a positive sign. The current price is at $1.2426, with a slight drop of 6.4%, but it is still showing resilience.
In the pre-market, the low was $0.205, so since then it has appreciated quite a bit. This indicates that, despite the market pressure, there is solid interest behind this coin. The market cap of $579.48M reinforces this idea, showing that investors are confident.
With 466.72 million tokens in circulation and a gradual release of the remaining tokens over four years, the selling pressure is being well managed. This is important to keep the price stable or even rising, if demand remains strong.
Historical values show that the peak was $1,635, so there is still room for growth. The resilience that the coin has shown so far is a good indicator that there may be more potential ahead.
As a trader, I would remain bullish, but always keep an eye on any changes in the global market and token release strategies. The strength shown so far is a good sign, but it is always good to monitor market conditions.