I'm here for another post about$USUAL , but today I would like to compile everything I've been through in the last few days.
First, I would like to say that pre-market trading was indeed an innovative and brilliant idea that Binance brought to its product portfolio. I had already had this experience on other exchanges, but with Binance's volume, the story takes on other proportions.
A mistake that could have been avoided
Despite the innovation, I believe that the brokerage's communications team ended up making some mistakes and hindering the progress of the pre-market success. The first one concerns the way it communicated the total supply of the token after the listing on the spot market, where it implied (misleadingly) that after the listing the token would have a significant increase in its total supply, but this is not true. Later, with all the confusion that the announcement caused, the brokerage retracted and rectified the announcement, informing the real quantity of the supply after the launch on the spot market, namely 494,600,000 USUAL tokens.
This amount of tokens is not absurd, as these tokens come from the rewards that holders will receive for participating in the Launchpool program, airdrops, etc., where more than 1 billion FDUSD and more than 18 million BNB were blocked during the launchpool round, as can be seen in the image below:
Before continuing with the subject of Binance's communication errors that harmed the USUAL pre-market, it is worth talking about the encouraging numbers seen in the image, note that in the FDUSD pool there were more than 95 thousand participants and in the$BNB There were an impressive almost 1.5 million participants. These numbers already show that many people knew about the project and believed in it to the point of investing in the launchpool. With that, in a few hours, when the launch takes place, we can expect something big.
I say this because I followed the launch of$VANA and its launch was amazing, with more than 1 billion in transaction volume in less than 24 hours and an appreciation of more than 2000% and, when we compare the data from the lanchpool, I believe that with USUAL something bigger is coming, since during the pre-market, due to legal issues, many countries were unable to participate, but they will be able to in the spot market.
The mistake that Binance made created such confusion that many investors, upon seeing the announcement, began to abandon their positions for fear of being liquidated at the time of the launch on the spot market. However, to be very clear, this will not happen, as the supply of 4B tokens will be released over 4 years, as we can see in the schedule shown in the image below.
What is the expected price after launch?
For all those who are waiting for a release, I believe that the attractive question is the one in the title, but if you are expecting a precise answer to it here, unfortunately I don't have one to give you, because I don't even know! But I confess that I have some clues and I will follow them to be able to make some profits.
I discovered USUAL when its price was still around $0.21 and I set up my first position at a price of $0.22 and as I saw community adoption, I believed more in the project and invested more. I confess that when I first bought it, my projection for the end of the pre-market was 5x and I almost got it right, if it weren't for the broker's unfortunate announcements.
But for the launch, I'm being more conservative and expecting something between $1 and $3, but that's just belief and hope, after all I've maintained my position so far.
How will I prepare for the launch?
I have participated in some launches, followed major events between 2020 and 2022 and I can confess that they were exciting days when I saw my money multiply so easily, but I have also seen it turn to dust a few times. Therefore, whenever I participate in a launch, I try not to go "emotional", that is, I try to leave emotions and greed aside, I define exit and re-entry points, always seeking to at least withdraw the investment so that I can work with the profit, because when you have something that you can lose, you gain tolerance to risk and can take advantage of some opportunities.
Final Considerations
What was supposed to be a quick text ended up being almost a book 😂but this is a space I want to dedicate to talk a little with you, fellow traders.
What I have to say is that if you got this far, you deserve to do very well later on in the launch, I hope you leave in the comments with great happiness how much you profited from USUAL and how much this article helped you in this process.
I could have abandoned my position before the end of pre-market and already had a very good profit, but I held on, as I imagine that we will have something much bigger in a few hours at the launch and I hope to see you there.
If you liked this article, follow me for more and share it so other people can read it too.
Oh, and if you feel like sending me some money to encourage me to write more, I'll leave my Wallet address below.
BSC Address: 0xb1d37e4578be79bbda69ce141f079ccce7d0381
See you in the next article, good trades
#usualARM
