USUAL Team - Optimistic like Pi but is it realistic?
The $USUAL team truly possesses a spirit of steel, as optimistic as Pi in the past. Browsing through articles on Square, everywhere you see calls to catch the bottom, setting "sky-high" targets like x5, x10, even 100u. But is this expectation grounded?
Looking back at reality:
Irrational capitalization: The project only raised 7 million USD, but the market capitalization has now exceeded 600 million USD, diluted to more than 5 billion USD. Although working on stablecoins and staking, is it worth comparing with larger projects when the capitalization is unlikely to reach 1 billion USD?
Expectations far from reality: Many people call for USUAL to replace USDT, relying on the white paper to "paint" the future vision. But try comparing the tokenomics and the actual prospects before jumping in like moths to a flame.
Signs of F0 holding USUAL:
1. Newly created Square, continuously posting about USUAL: Long-term investors usually do not focus too much on one token, and do not publicly shout like that.
2. Looking at minute and 15m candles: If it goes up a little, it will crow loudly, if it goes down, it is called "slight adjustment". The optimistic spirit is admirable!
3. Herd reaction: Anyone who analyzes the opposite side is immediately attacked, even the whole "team" rushes in to protect.
Familiar model of MM:
List the floor, pump hard for PR.
Dump the price, "sweep" the bottom, then pump slowly to attract new people. This cycle repeats itself, but it seems that F0s have not had time to learn from their experience.
The only bright spot: USUAL has attracted many new people to the market, bringing the expectation of changing their lives. But maybe they need to learn how to read tokenomics and research the project more carefully before investing.
Anyway, thanks USUAL for the year-end "liquidity boost".