$USUAL 7th of January will mark a new beginning to holders! Potentially providing token holders with a share of the protocol’s transaction fees. This is to enhance token utility and attract more participants.
This is one of the most important functions why $USUAL was created among others.
$USUAL Here is the main reason why it fell today: This morning (07:00 AM UTC), the Usual protocol experienced a massive USD0 sell-off triggered by a single whale’s trade on the secondary market, which raised doubts about the USD0 peg. USD0 briefly dipped to $0.99 before re-pegging to $1 within a few seconds, initially with some bps deviation due to constant sell-offs, and then fully re-pegging after a few hours. Historically, the USD0 peg has remained one of the strongest on the market, which can be verified by anyone. FDUSD, PYUSD, or USDe often trade a few bps below their $1 peg more frequently than USD0.
$USUAL If you are a good trader, you should know that there are ups and downs in price. Nevertheless as an experienced one, you will ignore the noise around you and continue asif nothing is happening and asif there was no rain.
$USUAL Remember: Your trading principles are your guide. They should be based on thorough research, backtesting, and a deep understanding of your chosen coin. Trading involves emotional ups and downs. Sticking to your principles helps maintain discipline. Once you chose $USUAL you knew why. Donot back up now. Once I studied $USUAL ,I knew it is the one. I invested heavily and I am waiting and holding.
$USUAL Is building the momentum for its USD0 coin. it seems likely that Binance has a specific Total Value Locked (TVL) threshold in mind for listing $USD0. While the exact number is unknown, it's probably not a very high one, considering that $FDUSD , with a similar circulation is already listed on Binance.
Meanwhile another $10m added to TVL and now it stands at 1,810,000,000.
$USUAL "Time is the friend of the disciplined". Morgan Housel, a renowned investor and author, said once.
Do not rush, and look at minutes ,hours.
Get the big picture first of $USUAL and donot change it. Always remember the facts. You are not dealing with meme , you are dealing with a very solid project that is still in the start. Who of us does not wish that he had started in projects like @solana, when it was a 1$?
$USUAL Just to make you more bullish, I need to tell you ,that out of the circulation amount of ~ 500m $USUAL ,there are 25.5% of them staked to get rewards.
This means that only ~370m $USUAL are in circulation and will reduce by time as more people choose to stake.