#XRP逆势反弹 A New Storm in the Cryptocurrency World! The Pre-market Trading of USUAL Tokens Holds Secrets, Where is the Balance Point?
My brother asked me a question before, saying that because the rewards haven't been issued during the pre-market trading, when the price of the governance tokens rises, the APY displayed on the official website also increases, leading to more deposits. We have to wait until the pre-market trading ends, and once the rewards are unlocked, mining, withdrawals, and selling tokens, combined with the optimistic market buying and repurchasing, all need to reach a balance. So, where exactly is this balance point?
In fact, he is not the only one; a few days ago, another friend asked me about it. So today, I will discuss this matter, let's take a macro perspective. After Binance officially starts trading, the total circulation of this token, plus the airdrops, will be 495 million. Currently, there are 334 million already trading on Binance and other exchanges, with 161 million yet to enter the market. But once the airdrop is released and Binance officially starts trading, these tokens will all be available for trading on the exchange.
Right now, it is pre-market trading, and Europe and America are not allowed to participate, so they can't buy. Basically, only Asia is trading, with both retail and institutional investors limited to purchasing 40,000 tokens. Let's say this part of Asian trading accounts for two-thirds of the circulation, which is 67%. Once official trading starts, although the 161 million tokens will enter the market, Europe and America will also be able to buy them, and their purchasing power has always been stronger than that of Asia. Therefore, the entry of these 161 million tokens will surely be digested.
Moreover, after official trading starts, the purchase limits will be lifted, and institutions, large players, and speculative funds can buy as much as they want, which will surely push the token price up.
In summary, after Binance officially starts trading, demand will exceed supply, and the balance point will definitely shift towards the buyers, which is good news for us. The price of USUAL is bound to increase.
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