GZK
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Clarifying $USUAL about false news:
As is usual in Square, many write their posts without doing serious research on the markets and the tokens.
1- $USUAL is NOT a stablecoin as many people say. I repeat, IT IS NOT A STABLECOIN.
USUAL is the governance token of the protocol (if you don't know what a governance token is, you have Google, use it)
2- The stablecoin of the USUAL protocol is USDO, which aims to function like USDT or USDC. The difference with other stablecoins is that there is no company benefiting from it, but a protocol where 90% of the profit is shared among the holders of the governance token and those who stake USDO.
3- Will $USUAL be worth $1 or $2 when it is released to the market? Whoever assures this is lying. It is not possible to predict the future price of a new token; THEY WILL ALWAYS BE LYING. There is not enough data to guarantee a future price because there is no trading yet, especially in this case where it is debuting in the Binance premarket.
4- CONCLUSION:
▫️ It is NOT a stablecoin as many say.
▫️ It will likely increase in price, but saying $1 or $2 is lying.
▫️ DYOR
As is usual in Square, many write their posts without doing serious research on the markets and the tokens.
1- $USUAL is NOT a stablecoin as many people say. I repeat, IT IS NOT A STABLECOIN.
USUAL is the governance token of the protocol (if you don't know what a governance token is, you have Google, use it)
2- The stablecoin of the USUAL protocol is USDO, which aims to function like USDT or USDC. The difference with other stablecoins is that there is no company benefiting from it, but a protocol where 90% of the profit is shared among the holders of the governance token and those who stake USDO.
3- Will $USUAL be worth $1 or $2 when it is released to the market? Whoever assures this is lying. It is not possible to predict the future price of a new token; THEY WILL ALWAYS BE LYING. There is not enough data to guarantee a future price because there is no trading yet, especially in this case where it is debuting in the Binance premarket.
4- CONCLUSION:
▫️ It is NOT a stablecoin as many say.
▫️ It will likely increase in price, but saying $1 or $2 is lying.
▫️ DYOR
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