Binance Will Launch $USUAL , Will It Profitable For Us Invest For Long Term?
Binance Pre-Market will then list USUAL at 2024-11-19 10:00 (UTC) and open pre-market trading for the USUAL/USDT trading pair.
Total and Max Token Supply: 4,000,000,000 USUAL
Launchpool Token Rewards: 300,000,000 USUAL (7.5% of total token supply)
Initial Circulating Supply When Listed on Binance: 494,600,000 USUAL (12.37% of total token supply)
Smart Contract/ Network Details: Ethereum Network (0xC4441c2BE5d8fA8126822B9929CA0b81Ea0DE38E)
Important Point you should consider:
1. It's gained funding round with total $8.5m. My estimation and assumption the early an strategic investor get the at $0.053 per USUAL. So the valuation with FDV of 4B supply is around $212m so with 12.37% of initial supply the market cap will be $26.2m at initial stage. Since it's already will be listed at Binance so its already different.
2. The contract are proxy contract and some it's contract function may be red flag, is we play at early coin we never brave to buy it. But this is Binance, may be it's different, since they already have high paid team compare than me :).
3. Initial Circulating Supply When Listed on Binance: 494,600,000 USUAL, but when I wrote this evaluation bases on its contract supply still 324,600,000 USUL, so where is the 170,000,000 USUAL? This is red flag, hope it's not for cash out the liquidity, as investor, we should take as a caution.
4. Based on its token release schedule it's not favorable for us as long term investor.
5. It's already traded at other CEX with current price as time of writing at $0.507 in its Pretoken spot market.
As point of many view above I think is not favorable for long term investment on this project, only for short term project and it's price time by time will be decreaser. But many project have it's marketing and fomo team. If it's get pumping remember at October 2025 the possibility more faster huge correction come.
How do you think for this USUAL?
