Josheshito
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That is true
#USDT #USDC #MiCA
Hey there!
I would like to clear the misconception here, going on on Square about USDT.
USDT will not be gone after the 30th of December, you can keep owning it if you have it in your wallets, IT IS NOT ILLEGAL, but keep on reading, since you obviously didn't so far during this past year...
MiCA regulation came out in January 2024. This framework points out for stablecoin issuers what they have to do to be accepted for usage in the European Union. This is important, because there are countries who are in Europe but not part of the EU zone.
Issuers had up until June of 2024 to prove to the EU zone Central Bank that they are worthy of using. Only one issuer dared to clear themselves for EU zone regulations and it was Circle and their USDC.
This is the reason why, since July of 2024 people from the EU zone are not allowed to buy USDT, put it in their Earn wallet or make any financial movement on Binance. Every USDT trading pair is hidden for people from the EU zone, except for probably the USDC/USDT pair.
If you already owned USDT from before and it is in your Spot wallet, you can keep it there it will not vanish or do something magic thing.
You can trade your USDT once more to exchange it but you will not be able to buy USDT anymore, since July of 2024.
If you had USDT in your Earn wallet, either locked or flexible, it will not vanish or do something magic trick, but instead of providing USDT as a reward, you get BNB instead.
To summarize:
- People from the EU zone are not allowed to buy or trade USDT, Binance even filter all USDT trading pairs.
- Your older USDT holdings will not magically disappear after December of 2024, it was already done in July of 2024.
- You can keep owning USDT but are unable to buy any more of it
- You can keep your old USDT locks in your Earn wallet, but unable to lock more and instead of USDT rewards, you get BNB as a reward.
---------------------------------------------------------
I hope this helps some of you out and gets to as many people as possible.
Take care and always DYOR and never FOMO!
Hey there!
I would like to clear the misconception here, going on on Square about USDT.
USDT will not be gone after the 30th of December, you can keep owning it if you have it in your wallets, IT IS NOT ILLEGAL, but keep on reading, since you obviously didn't so far during this past year...
MiCA regulation came out in January 2024. This framework points out for stablecoin issuers what they have to do to be accepted for usage in the European Union. This is important, because there are countries who are in Europe but not part of the EU zone.
Issuers had up until June of 2024 to prove to the EU zone Central Bank that they are worthy of using. Only one issuer dared to clear themselves for EU zone regulations and it was Circle and their USDC.
This is the reason why, since July of 2024 people from the EU zone are not allowed to buy USDT, put it in their Earn wallet or make any financial movement on Binance. Every USDT trading pair is hidden for people from the EU zone, except for probably the USDC/USDT pair.
If you already owned USDT from before and it is in your Spot wallet, you can keep it there it will not vanish or do something magic thing.
You can trade your USDT once more to exchange it but you will not be able to buy USDT anymore, since July of 2024.
If you had USDT in your Earn wallet, either locked or flexible, it will not vanish or do something magic trick, but instead of providing USDT as a reward, you get BNB instead.
To summarize:
- People from the EU zone are not allowed to buy or trade USDT, Binance even filter all USDT trading pairs.
- Your older USDT holdings will not magically disappear after December of 2024, it was already done in July of 2024.
- You can keep owning USDT but are unable to buy any more of it
- You can keep your old USDT locks in your Earn wallet, but unable to lock more and instead of USDT rewards, you get BNB as a reward.
---------------------------------------------------------
I hope this helps some of you out and gets to as many people as possible.
Take care and always DYOR and never FOMO!
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Wait?
$PENGU $PENGU when it was in the place indicated by the blue arrow, the volume in the place marked with the red circles and the red arrow was more than 400 million. as you can see right now, the volume in the place marked with the red circle and the arrow is 115 million. what i mean is, there was an outflow of more than 300 million, they sold nice goods for free, this tells us that they literally spent a lot on people's money by marketing and talking about it a lot. there will be more fluctuations, don't be fooled by excuses like "it has a good future, it doesn't have NFT, it doesn't have anything like that". the coin that is going is going anyway, they sold nice goods and it is quite good, now it will linger for 3-5 years, every now and then their own guys write here for marketing, saying "it will happen like this, it will happen like that, it has a good future, NFT has become the much talked about coin and broke a record". this is the real deal, fraud.
Ohh
$USUAL i countinue to explain the reverse, its Buys PANIC Lol, and how they could rise the price by the bots
Now the opposite start to happend, they just keep moving the support line UP so u just want to buy near the support line and take a confirmed profit ! and they just keeping moving it foward so anyone join he market will see good support line will say "oh yeah there is opportunity to get some confirmed profit here !
check the images so u see support line just moving and controlled by bots !
we are just a puppet in this market !
Now the opposite start to happend, they just keep moving the support line UP so u just want to buy near the support line and take a confirmed profit ! and they just keeping moving it foward so anyone join he market will see good support line will say "oh yeah there is opportunity to get some confirmed profit here !
check the images so u see support line just moving and controlled by bots !
we are just a puppet in this market !
See original
Good info
Rise and fall of cryptos
Times when cryptocurrencies tend to rise and fall
1. Between 1:00 AM and 4:00 AM (GMT-5)
- In this interval, cryptocurrencies usually experience corrections or declines due to the decrease in market activity after the closure of traditional markets in the US and Europe.
- Investors often close positions during this quieter phase, which can lead to a slight drop in prices.
2. At noon (12:00 PM - 1:00 PM GMT-5)
- At this time, after the cryptocurrency market has opened in Asia and has begun to stabilize, it is common to see a pause in upward movements. Some traders operating in Asia have already closed their positions and may generate drops before US traders fully activate.
1. Between 1:00 AM and 4:00 AM (GMT-5)
- In this interval, cryptocurrencies usually experience corrections or declines due to the decrease in market activity after the closure of traditional markets in the US and Europe.
- Investors often close positions during this quieter phase, which can lead to a slight drop in prices.
2. At noon (12:00 PM - 1:00 PM GMT-5)
- At this time, after the cryptocurrency market has opened in Asia and has begun to stabilize, it is common to see a pause in upward movements. Some traders operating in Asia have already closed their positions and may generate drops before US traders fully activate.
See original
Directly access your wallet (summary) and where you locate your currency, in this case USUAL, Binance gives you the average purchase price.
$USUAL a question friends, how do I calculate the average of my purchases from USUAL. I bought at different prices at 0.56 - 0.70 - 0.80 making a total of 34 usdt invested but I don't know how to calculate the average. Does it take into account the last price I bought? some help 🥹
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Analysis: $USUAL Initial Listing Price Prediction:
While this will depend on initial supply and demand, as well as user engagement and market dynamics, we can look at a few factors to establish a possible range:
1. Comparisons to other recent listings:
Tokens that have been listed on Binance after a period on Launchpool or Launchpad typically have strong initial moves, especially if they generate interest and have limited supply. Examples like $VANA or $SEI have seen prices multiply several times in the first day.
2. USUAL Tokenomics:
If the initial circulating supply is low, the likelihood of an explosive price increase is higher. High demand in the face of limited supply can push the price up quickly.
3. Market Conditions:
The overall context of the cryptocurrency market plays a key role. In a bull market, new tokens tend to outperform, while in a bear market, the response may be more moderate.
Initial Price Range Forecast:
If similar conditions to other recent successful listings are met and assuming strong initial demand:
Conservative Range: $1 - $3
Optimistic Range: $5 - $10
Explosive Scenario (low supply + high demand): $15 - $25
Place your bets!
#UsualToTheMoon #USUALToken
While this will depend on initial supply and demand, as well as user engagement and market dynamics, we can look at a few factors to establish a possible range:
1. Comparisons to other recent listings:
Tokens that have been listed on Binance after a period on Launchpool or Launchpad typically have strong initial moves, especially if they generate interest and have limited supply. Examples like $VANA or $SEI have seen prices multiply several times in the first day.
2. USUAL Tokenomics:
If the initial circulating supply is low, the likelihood of an explosive price increase is higher. High demand in the face of limited supply can push the price up quickly.
3. Market Conditions:
The overall context of the cryptocurrency market plays a key role. In a bull market, new tokens tend to outperform, while in a bear market, the response may be more moderate.
Initial Price Range Forecast:
If similar conditions to other recent successful listings are met and assuming strong initial demand:
Conservative Range: $1 - $3
Optimistic Range: $5 - $10
Explosive Scenario (low supply + high demand): $15 - $25
Place your bets!
#UsualToTheMoon #USUALToken
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