Usual might ironically on the list of unusual names that crypto projects have adopted. But is there more to Usual token than just its peculiar name.
What is Usual token?
Usual token is the native coin on the Usual protocol which is a decentralized stablecoin issuer. Her are the main functions of the Usual tokens:
- It is the governance token which means its holders can participate in decisions regarding the Usual protocol.
- It is used for staking through which holders can earn passive rewards.
- Rewards incentivize participation in the protocol.
- The token can also be used for treasury management and collateral management.
Why hype has been building up around Usual token
The recent hype was mostly due to a recent Binance announcement. It revealed that the Usual token is now available on Binance premarket and launch pool. This was an important development because it suggests that a token launch may take place soon.
More importantly, Usual token’s premarket sale and availability on Binance launchpad suggests that it could benefit from massive liquidity. This is because Binance is one of the largest crypto exchanges. This may also underpin more major exchange listings that will provide more access in the market, as well as liquidity.
https://x.com/binance/status/1856964282249793939
Usual tokenomics and factors affecting price
Before we get into the Usual token price prediction, it is best to first have a good handle on its tokenomics. It has a total of 4 billion tokens and here’s how they will be distributed.
| Category | Distribution |
| Binance launchpool | 7.5% |
| Initial airdrop | 8.5% |
| DAO and ecosystem | 7.5% |
| Community incentives | 64.5% |
| Investors and advisors | 5.68% |
| Liquidity | 2% |
| Team | 4.32% |
According to the protocol’s official website reveals that the token has a deflationary issuance. Its scarcity will increase as TVL grows. In other words, the value of the Usual token will depend on how well the protocol will perform.
The more the demand for the USD0 stablecoin, the more the TVL since more of the stablecoin will be minted requiring Usual token lockup. This particular characteristic will likely have the biggest impact on token value.
What to expect in terms of Usual token price prediction
Demand for the stablecoin will likely on grow during the bull run, which will likely have a positive impact on Usual token price performance. The fact that the token is part of the Binance launchpool also adds a layer of validity that may make the token quite attractive on launch.
The dynamic nature of the Usual token’s supply makes it difficult to place where the price could be in the next 6 to 12 months. For example, its marketcap could soar to a $1 billion but its circulating supply could fall considerably, thus affecting its price.
| Marketap | supply | Price |
| $1 billion | $4 billion | $0.25 |
| $2 billion | $4 billion | $0.5 |
| $3 billion | $4 billion | $0.75 |
| $5 billion | $4 billion | $1 |
Note that the supply will likely drop from $4 billion if the Usual protocol’s total value locked starts growing. A lower supply while marketcap goes up means the value of the token could accelerate and soar much higher.
Conclusion
Based on the above data, it is also safe to conclude that the dynamic supply makes Usual token price prediction a bit challenging. This becauses it could go up during periods of low stablecoin demand. In which case the token supply will grow and its value could consequently dip.
The value of the token is also dependent on the level of stablecoin adoption and this adds an extra layer of difficulty. It will be interesting to see how things play out and this is certainly one of the tokens to keep an eye on in the next few months since stablecoin demand has been growing. It could thus be set for interesting times ahead. Note that this is purely speculative and not financial advice hence proceed cautiously.
Also check out: USUAL Coin Pre-Market Price Trades Near $0.47 with a Price Charge of 1.56%
