USUAL has generated enthusiasm among crypto enthusiasts, with its spot listing on Binance on December 18th.
Lets have a look at the key points and potential implications for investors and the whole ecosystem.
Binance’s Impact on Token Prices
When USUAL first appeared on Binance Launchpool, users could stake BNB and FDUSD to earn USUAL. On November 15, 2024, this novel launch method got underway, drawing early investors and generating significant momentum.
The token’s introduction through Binance Launchpool illustrates its ability to receive significant exposure from Binance’s user base worldwide.
Supply and Distribution
Total quantity: There are 495 million coins in the whole quantity of $USUAL.
Present Circulating Supply: There are currently 378.39 million $USUAL in circulation.
Increased Circulating Supply: The spot listing on December 18th will result in a 12.37% rise in the circulating supply, bringing it to 494.6 million coins.
The holding limit, which is currently set at 40,000 coins per user, encourages greater distribution and precludes any one entity from controlling a sizable amount of the currency.
Read: Binance Delisting Drives SUI, HMSTR, BNT, CYBER and AEUR Prices Down
USUAL’s Use Cases
USUAL has a variety of use cases, such as lending, borrowing, and staking, and is intended to support DeFi techniques. For people wishing to participate in decentralized finance (DeFi) protocols, this makes it a desirable token.
$USUAL is positioned as a major participant in the growing DeFi ecosystem due to its tremendous utility potential.
What to Expect?
Soon after it begins trading on Binance, the token’s price is probably going to rise by 20% to 50%. Initial price spikes caused by speculation and intense demand are frequently the result of the excitement around new Binance listings.
The first 48 hours will likely be very volatile, as is the case with many new postings. Price variations could result from new traders flooding the market and early adopters taking profits.
If USUAL continues to effectively integrate into the DeFi sphere and is adopted on Binance, its price may rise steadily over the course of the next one to four weeks.
If it surpasses important psychological benchmarks, such as $1, it may boost investor confidence and garner more interest.
As more people utilize USUAL for DeFi apps and its inclusion on Binance encourages more uptake, the token may experience sustained expansion.
A major factor in its future price trajectory will probably be supply dynamics and ongoing integration with the DeFi space.
Things to Remember: Key Listing Factors
Although USUAL exhibits a great deal of promise, keep in mind that forecasts are just subjective. It’s crucial to conduct independent research and make well-informed selections because the bitcoin market is still very unpredictable.
Investors should exercise caution and monitor market movements as the 12.37% increase in circulating supply on December 18th may result in changes in price dynamics.
The live trading countdown has already begun.
Also Read : Pengu coin Price Prediction: What to Expect from This New Listing
