金毛狮王

$TST I can't believe such a test token can be listed on Binance when other utility projects have to spend millions to be listed. CZ posted on X that this is a test token and yet, on the other hand, approved its listing on Binance to scam retail investors. It appears that the integrity of Binance in listing quality projects is gone. It has now became a gambling casino throwing out BNB meme coins to squeeze market liquidity out and make money. Like what Vitalik Buterin said, cypto market is gone with scam coins listing on CEX without any utility.

$USUAL The market maker #GSR #Amber is doing accumulation using a bot to place large amount of small buy orders and sell orders at a limited range. By doing so, the price can only move within the small range. When retail investors buy up, his large amount of sell orders will prevent the price from raising. When the retail investors lose patience and cut loss by selling, his buy orders will buy in at low cost. This is a standard technique of market "making" a.k.a. manipulation. When the market goes downtrend, the buy orders will be removed which will lead to steep drop in price where he can again buy in at a even lower cost. That's what market makers do, earning at your loss. DYOR.

Excuse me, what is this app? Is it Telegram?

$USUAL The support at 0.55 appears to hold up. Unless the reversal is affected by a sudden drop in BTC, there is a minor resistance at 0.75 and a major resistance at 0.90 based on left side trading.

$USUAL If it breaks the support of 0.55, it would likely go to 0.33 based on left side trading. The last support is at 0.2.

$USUAL There is a new mechanism introduced by the project team yesterday about USD0++. It has caused fluctuations in the price of USD0++ and decrease of TVL from 1.82B to 1.6B due to unstaking. The following is quoted from Foresight News.

"In the volatile environment of the crypto market, fluctuations in market liquidity (for example, RWA's underlying assets - US Treasury bonds have been discounted in recent fluctuations) and the implementation of the overlay mechanism have poured cold water on investors' expectations, USD0/ The USD0++ Curve pool was quickly sold wildly by investors, with the pool offset reaching 91.27%/8.73%. The USD0++/USDO lending pool APY on Morpho also soared to 78.82%. Before the announcement, USD0++ had maintained a premium pattern against USDO for a long time. This may be due to the fact that USD0++ provided a 1:1 early exemption option during Binance’s pre-market trading period, maximizing airdrop benefits for users before the protocol was launched. After the mechanism was clarified, investors began to flow back to BTC which has more liquidity."

This incident has indicated the uncertainty of the investor confidence in the project. While some Usual tokens will likely to be burned next week due to TVL decrease, the impact on the price shall be minimal as the loss of investor confidence may priced in more than the amount of tokens burned.

$USUAL has broken new recent lows and its rebound is weaker than other coins. Based on left side trading, there are two supports at 0.635 and 0.55. If it breaks 0.55, we will likely see long term accumulation period at 0.3x to 0.4x. The accumulation period could last for a few months.

I would suggest you to consider staking your tokens during the accumulation period. I believe this is what the Usual team may want by trapping holders in losses so that they have to stake their tokens for long term. Rise in price will make those trapped holders sell their holdings which will reduce the overall staked tokens.

$USUAL Its rebound is notably weaker than other coins. This means that the buying strength is weak and sentiment is more bearish compared to others. Coupled with the release of new supply every day, I don't foresee it going back to its previous price in the short term. GSR Market which is also the market maker for $ENA took 6 months to drop it from 1.5 to 0.2 before rebounding it back to 1.33.

While I doubt $USUAL will go this low, it may be good to be mentally prepared for long term HODL.

$USUAL I read that some posts which exaggerated the effect of fee switch tomorrow on the price. I believe it is logical not to expect a huge boost in the price even after fee switch is turned on. To avoid mass disappointment and for the benefits of fellow traders, you may find the following summary of the fee switch information from the whitepaper especially the last point.

The fee switch mechanism in Usual’s staking model would involve redistributing part of the protocol’s revenue to token holders who stake their tokens.

Revenue Generation: Usual's protocol generates revenue through various activities, such as the yield from the collateral backing its stablecoin, transaction fees, or other protocol-generated income.

Fee Switch: The fee switch would allow governance token holders to control how much of this generated revenue is allocated to users who stake their tokens. When the fee switch is turned on, a portion of the protocol's revenue could be distributed to stakers as rewards, incentivizing them to participate in staking and support the growth of the platform.

Staking Rewards in USD0: Token holders who stake their tokens are likely receive USD0 as rewards for their participation. Since USD0 is the stablecoin issued by the Usual protocol, it would make sense for the protocol to use it as a form of reward for stakers, as it provides a stable and predictable value.

Lock-out Period: There may be a minimum lock-out period for staked tokens in order to receive the rewards due to the yields of their revenue channel. It could range from months to years depending on the initial governance policy by the team.

Hope this information is useful to everyone.

Again, I would encourage everyone to DYOR. After all, in crypto market, your loss would always be someone else's gains.

$USUAL I believe those who kept claiming that the circulating supply will stops at 496M should be convinced by now. It has again proved the importance of spending some time to read the whitepaper instead of listening to someone blindly. We shall always do our own research DYOR when it involves our money. There are many charlatans who spread rumours and give their gut-feel predictions in Binance square with hope to confuse you. Because in crypto market, your loss would always be someone else's gain.

$1000CAT No wonder this coin can't pump. The market marker is DWF Labs from $FLOKI $TOKEN. They lack financially and ability to think big as they manage too many coins like a factory. Hence, coins market made by them always have poor performance. You may like to avoid those coins under DWF Labs and consider others under GSR Market, Amber etc. Hope my suggestion would help you in choosing the right coin to invest.

I wish more people read this. Many people are hallucinating that the price will rise when the circulating supply reaches 494.6M when they shall be reading the whitepaper.