$USUAL The circulation of Usual's tokens has undergone significant changes, especially with the development of its ecosystem and market responses. Here are several key points regarding its circulation changes:
- **Initial Circulation**: Before the public issuance of Usual's tokens (TGE), Usual's total token supply was set at 4 billion, with an initial circulation of 494.6 million USUAL.
- **Staking Growth**: Over time, Usual's staking volume has significantly increased, leading to a decrease in circulating supply. According to observations from some community members, the number of staked USUAL tokens grew rapidly in a short period, adding millions in staking volume within certain days. This means a large number of tokens are locked and not circulating in the market, thus reducing the actual circulation.
- **Market Supply and Demand Dynamics**: When the circulation approaches certain key figures (such as nearing 500 million in circulation), the market's supply-demand balance may be affected. This situation may lead to price fluctuations of the tokens, as lower circulation can result in supply shortages, thereby driving prices up.
- **Ecosystem Activities**: Usual continuously influences its token circulation through the introduction of new partners, mining mechanisms (such as collaborations with other blockchain protocols), or new revenue sharing models (such as the activation of fee switches). In particular, the introduction of fee mechanisms may alter the economic model of the tokens, affecting changes in their circulation.
- **Market Reactions and FUD**: Fear, uncertainty, and doubt (FUD) in the market can also impact circulation changes. For example, if there are doubts about Usual's stability or its token's peg mechanism to USD0++, it may lead to a surge in circulation as holders might choose to sell their tokens.
Overall, the circulation of Usual's tokens is influenced by its staking mechanisms, market sentiment, ecosystem activities, and macro trends in the cryptocurrency market. Its circulation may experience significant fluctuations in the short term, while long-term changes in circulation will depend on the stability of the project itself and market acceptance.