Be cautious with $USUAL : Understand how the market operates before investing
Everyone hopes that the price of $USUAL will soar after listing. But to understand better, you need to look at how the market operates. Consider the following real situation:
If the exchange has sold about 350 million tokens at a price of 0.7, then when listed, if the price reaches 1.5u or 2u, will the whales or sharks be ready to buy? You should ask yourself: do they want to buy at a price where retail buyers can easily take profits off them?
Assuming the sharks do not buy in, and the remaining tokens on the market at listing are only 150 million tokens. Who will be willing to buy at a higher price? Perhaps you cannot force the sharks to "put in money" to raise the price.
Stay alert! The exchange can lead you into a state of buying at high prices. This helps them easily distribute the remaining tokens to the market without facing too much profit-taking pressure. When the number of tokens sold is stable, the price can increase sustainably in the long term.
Advice:
Be cautious in trading this afternoon and tomorrow. Analyze thoroughly before making decisions. Don’t let FOMO (fear of missing out) dictate your actions.
This is just my personal opinion, and I know some people may disagree or dislike what I share. I hope to receive constructive feedback rather than negative comments.
If you are confident in the project and the market, you may not need to pay attention to what I say. The price is currently rising steadily, keep analyzing and trust your own decisions.
Wishing everyone successful investments!