USUAL has been one of the highlights of the cryptocurrency market since its launch on December 18th. With a promising start, the coin has won over many investors. However, the recent release of new tokens and the imminent arrival of BIO, a highly anticipated new project, raise doubts about USUAL's future.
USUAL's decline:
The continuous release of USUAL tokens has diluted its market value, putting downward pressure on the price. This dynamic, combined with the hype surrounding BIO, could intensify the outflow of investors from USUAL in search of new opportunities.
BIO's threat:
BIO, scheduled to launch today, promises to bring innovations and attractive features to the market. BIO is expected to capture a significant portion of investor interest, which could result in a considerable flow of capital out of USUAL.
USUAL Forecast:
Given this scenario, USUAL is likely to continue to face selling pressure in the coming days. My estimate is that the price of USUAL will stabilize in a range between $0.80 and $0.60 after the launch of BIO. This projection is based on the expectation that many investors will migrate to BIO in search of better returns.
What to do?
The decision to invest in cryptocurrencies is always risky. It is essential to carry out an in-depth analysis of each project before making any decision. USUAL, like BIO, presents both opportunities and risks.
Recommendations:
Diversify your portfolio: Don't put all your eggs in one basket.
Follow the market closely: Pay attention to news and price movements.
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