$USUAL returns to 1 US dollar, the prerequisite is that there must be practical applications for USD0, meaning the market must recognize the value of USB0, and various exchanges must have various trading pairs for USD0, at least Binance must acknowledge its value. If the project team cannot meet this condition and does not turn USD0 into a valuable product, then the price of USUAL will never rise, as it is currently a worthless coin. It is currently in a worthless coin state.
According to this trend, it is expected to drop to $0.03-$0.06, returning to its rightful value. Unfortunately, it was unexpected that BinanceLabs is operated by a few inexperienced girls, deliberately harvesting retail investors, and the losses are substantial. The peak was upon listing, yet the price continues to free fall. Would it be like this if it were a normal valuation?
$USUAL The head of user growth in the Chinese area resigned. To be honest, Usual played a good hand into a mess, which is closely related to the incompetence of the team.
Popular track, brand endorsement, traffic support, Usual has everything, but compared with the competitor $ENA , it is really far behind.
According to the current market, the price of USUSL should be similar to that of ENA, that is, more than $0.85, but unfortunately...
It is a good thing that the user operation is dismissed. They don't understand user psychology at all. I hope to replace them with capable ones.
$BIO is completely useless, 1.35 million are unlocked every day, It will fall to 0.1 yuan in the near future. Those who shorted this coin made a fortune, and there was basically no pull-up and no fluctuation.
$ETH As a leader among mainstream coins, the price hovered around $3250 at 7 PM on January 18, meaning it has hardly increased in nearly a year. The ETH/BTC ratio has also reached its lowest point in recent months, at just 0.3167. Under the circumstances of the ETH ETF being approved and institutional funds continuously flowing in, it is impossible for ETH not to rise; the only reasonable explanation is that its price is severely undervalued.
The reason for this phenomenon is that American institutions are mainly focusing their attention on Bitcoin. This means that American institutions believe that Bitcoin's current price is still not high enough, and they will not temporarily transfer too much capital from Bitcoin to ETH. Once the funds start to overflow from Bitcoin, ETH will have its day to take off.
$BIO At least from the current perspective, the DeSci sector basically has no popularity, and no one is discussing it on Twitter. Binance's investment in it seems to be purely for entertainment. The valuation for the bio listing is too high, having cut a significant number of investors in the Chinese market.
If we consider the valuation I initially gave, which is a listing price between $0.1 and $0.2, then everyone could still make a profit, but unfortunately, the Binance platform doesn't give you that opportunity.
It is expected to remain stagnant for a long time, unless DeSci becomes a hot topic at some point; it is also possible that this opportunity may never arise.
$USUAL BTC has risen to 99,000, and all other altcoins have rebounded and risen, only USUSL is still in the red, and another big investor would rather lose $1 million to redeem USD0++. What does this mean? Users lack confidence and lack confidence in their team.
The rules are not friendly.
The project party also likes to play routines, often releasing some good news after a period of time, but it is obviously the same as the story of "The Wolf is Coming". Trust is gone, and it's a pity to play a good hand like this.
As the father of Party A, it is recommended that Binance directly intervene in the operation and directly open the current operation.
$USUAL Here I want to raise a criticism towards the Usual team. I mentioned in a previous post that Usual lacks communication with users, and I was even confronted in French by the project team, accused of lying.
So does the recent behavior of the project team indicate that what I said is not a fact?
Originally, the stablecoin sector is very competitive and hot, and Usual received support from Binance, inherently carrying traffic, gaining great attention before and after its launch, starting with a good hand. However, you will find that Usual's official website lacks a forum channel for user communication, and using a third-party platform as the main communication channel is not effective, as attention is too scattered.
Usual has not opened a Chinese or French Twitter account, and you cannot find Usual's official account on Binance Square. Before and after the launch, a large number of bots were sent to hype things up, which is completely not the way a good business should operate.
Looking at the work history of the project team, you will find that their work experience is completely lacking. I am optimistic about the stablecoin sector, but the key is still daily operations. Comparing with the competitor $ENA 's operational capabilities, I express doubts about their team's work abilities.
Confidence is more important than gold. Currently, users have lost confidence in Usual, and this is the key issue. How to restore users' confidence and repair credit is the project team's top priority.
#AIXBT、CGPT、COOKIE将上线币安 Binance new coin is no longer being invested in, the recent projects have too obvious intentions to cut leeks. Especially for Bio, I estimate a reasonable listing price of $0.1-0.2. If bought at this price, many retail investors on Binance could still make a profit, everyone would be happy. I did not expect that it would start at $1 billion, greatly overestimating the coin's value, many people took over at prices around $0.7~$0.9, and those who couldn't hold on cut their losses and left. The DeSci track, as a new field, is led by Binance in the first wave, and there is still room for imagination in the future. I am too lazy to research these projects and will not invest for the time being.
$USUAL The operation is poor, the decline is at the bottom, the USD0 exchange, such a big rule adjustment, infringing on the interests of users, was not released in advance and discussed with users, users have no idea, so it leads to stampede. The token price has fallen so badly. This is totally unexpected. The project party should interact more with users on a regular basis, and major rule adjustments should be fully discussed to let users have a bottom line.
Your understanding of the language is problematic. Trump has no intention of annexing Canada; rather, he said that Canada, as a country, should take responsibility for itself. The United States spends over $200 billion each year to protect Canada and also has a trade deficit. These are all advantages that Canada is taking, and the U.S. does not want to do this. Canada is not just a state of the United States. Yet, the simplified Chinese circle is spreading rumors that Trump wants to annex Canada, which is laughable.
KZG 口罩哥
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After watching this video, I still think that Trump is joking about increasing the territory. I don’t know what to say. Whether it is Greenland, Panama or Canada, his request is to join the United States. The only difference is that there are military and economic methods, but the tone of discussion is very serious. If successful, this will make the United States the world’s largest country with 21,500,000 square kilometers of territory…
The price of $USUAL has been halved, and $BIO will inevitably experience a similar halving. There's no other reason, the valuation is too high, and the market does not accept it. Holders who entered at 0.01-0.06 will continue to sell. Partners, be patient, and re-enter around 0.35.
$BTC The reason for the sharp drop in the market tonight has been found . It turned out that the three major US stock indexes all fell sharply, among which MicroStrategy fell by 9%, triggering a collective plunge in cryptocurrencies. $BTC The price is around US$93,000, so you can buy it without thinking, and you won’t lose money!
$TRX Retail investors should not invest in Sun Yuchen's platform. Who can bear this humiliation?
What happened: Sun Yuchen is not very famous, so I wanted to experience his platform on a whim.
I added customer service Doris Lily. Since the transaction fee for ordinary users is as high as 0.2%, it is higher than Binance. So they have a rate discount for new accounts, but it is only temporary for one month. So I want to apply to fix this rate. Before I started investing, Doris repeatedly asked me how big the investment volume was. I just reported a number of 4000U. Who knew that Doris immediately turned her face, looked down on people, and drove the customer away directly, which shattered my three views.
Sun Yuchen, you are usually high-profile and seem to be very capable, but the company management is a mess. Doesn't Doris represent the style of your platform?
#BIO开盘 The last post complaining about Bio's ridiculously high valuation resonated with Binance users, and it became popular unexpectedly. This post continues to criticize it. 上篇链接
My last post pointed out what kind of bad consequences Bio's high valuation would have, and today's market immediately came true.
The price of $BIO 0.85 has been maintained from last night to the morning of January 4th today.
However, since noon, the wind direction has changed.
As many people in the square said, holding Bio at an ultra-low price of 1.2 billion is impossible not to sell and take profits, because the valuation is too high, if not now, when?
In the past 24 hours, Binance BIO/Usdt trading pair has reached an astonishing 667 million US dollars, plus the 80 million next door, and the data of two other companies, as well as other trading pairs, it is estimated that the total trading volume of the entire network is 900 million US dollars.
What concept? BIO's so-called "market value" is only 1 billion.
What does this mean, comrades?
It means that someone is desperately selling.
The long and short positions passed each other by and called each other idiots?
Binance Labs' value management of the Bio project was too bad, which hurt the hearts of the majority of users. The good news is that CZ, who is loved by the majority of fans, will take charge of Binance Labs after the new year. I hope that CZ will live up to expectations after his return and cut the cake fairly and fairly to respond to the support of the majority of Binance users.
$BIO This project makes me, one of the many retail investors of Binance, very unhappy.
Firstly, the valuation at listing is too high and absurd, with a market cap of 1 billion dollars for a high-risk startup. What qualifications does it have to deserve a valuation of 1 billion dollars! The community has gone through four or five rounds of financing, and the valuation was only a few tens of millions of dollars. Now it comes to Binance for listing and gets a valuation of 1 billion dollars, targeting the investor group primarily consisting of overseas Chinese. Are you just taking care of your own people?
The consequence of this high valuation is that retail investors on Binance cannot make any money. Most people's buying price is between 0.75 and 0.95 dollars, and the amount of airdrops is too small, less than 3% of the total issuance, while previous projects had around 8%.
Meanwhile, holding 1.2 billion Bio tokens is only worth a few cents, and there are some opportunists; the way profits are distributed is not pretty at all.
You should know that not long ago, Usual’s pre-market trading price was 0.2-0.3 dollars with a valuation of 10 million. This project only saw its price rise after officially listing. Currently, $USUAL is stabilized at around 1 yuan, and retail investors are profiting.
Bio is different; it has a direct valuation of 1 billion dollars, which blocks the channel for price increases.
If genuine investors cannot make money, and everyone leaves the Bio project, it would be a blow to Binance's attempt to lead the DeSci track.
PS: Reviewers, please do not delete this post; I have already taken a screenshot.
#BIO开盘 Will American investors take over? I suddenly became interested in talking about Bio again.
Bio is an American project located in California. CZ and founder Paul had a good chat and invested in them. The management team's work experience is also all American.
The growth manager is Chinese at first glance. Strangely, $BIO was launched on Binance, Ouyi, Huobi and Gate at the same time today. You should know that these platforms are the main battlefields for Chinese and overseas Chinese. Foreign platforms such as Coinbase and Kranken are not on them.
These four platforms will be launched at 6 o'clock Beijing time tonight, which is exactly 5 o'clock in the morning in New York time and 3 o'clock in the morning in California time. When we invested, Americans were just sleeping, so we had to wait 5 hours after 11 o'clock in the evening Beijing time to see whether American leeks are interested in this project. At that time, we will see the price of Bio.
Another bold guess is that because BIO is currently exclusively invested by Binance Labs, and the three Chinese platforms next door have all launched bio, peers are enemies. If Bio operates well, does it mean that their venture capital will follow up and give a positive effect?