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Cryptocurrency News Articles

$USUAL Token Set for Spot Listing on Binance – What You Need to Know!

Dec 18, 2024 at 06:09 pm

The much-awaited spot listing of $USUAL on Binance is happening on December 18th, sparking excitement across the crypto community.

$USUAL Token Set for Spot Listing on Binance – What You Need to Know!

Binance has announced the upcoming spot listing of $USUAL on December 18th, a highly anticipated event that is set to stir the crypto community. To help you navigate this exciting development, we've compiled a concise overview of $USUAL and its potential impact on investors and the broader ecosystem.

Essential Aspects of $USUAL Token:

Launch and Distribution:

$USUAL was initially launched on Binance Launchpool, where users could stake $BNB and FDUSD to earn $USUAL. This unique launch mechanism commenced on November 15, 2024.

The token's launch via Binance Launchpool also highlights its potential to gain significant exposure among Binance's global user base.

Supply and Circulating Supply:

Total Supply: The total supply of $USUAL is 495 million coins.

Current Circulating Supply: As of today, the circulating supply of $USUAL is 378.39 million.

Increased Circulating Supply: On December 18th, with the spot listing, the circulating supply will increase by approximately 12.37%, reaching 494.6 million coins.

Holding Limit: Currently capped at 40,000 coins per user, promoting wider distribution and preventing any single party from holding a large portion of the token.

Utility and Use Cases:

$USUAL is designed to facilitate DeFi strategies, with a range of use cases including staking, borrowing, and lending. This makes it an attractive token for those interested in engaging in decentralized finance (DeFi) protocols.

The strong utility potential positions $USUAL as a key player in the expanding DeFi ecosystem.

Post-Binance Spot Listing Anticipations:

Initial Surge:

The token is likely to experience a price surge of 20% to 50% shortly after it starts trading on Binance. The hype surrounding new Binance listings often leads to initial price jumps driven by speculation and high interest.

Volatility in the Early Days:

Like many new listings, expect high volatility during the first 48 hours. Early adopters may take profits, while new traders could flood the market, creating fluctuations in price.

Mid-Term Outlook:

Over the next 1-4 weeks, if $USUAL continues to integrate successfully into the DeFi space and gains adoption on Binance, it could see steady price growth.

If it breaks through key psychological levels like $1, it could bolster investor confidence and attract further attention.

Long-Term Potential:

As more users tap into $USUAL for DeFi applications and its Binance listing drives higher adoption, the token could see long-term growth.

Supply dynamics and continued integration with the DeFi space will likely play a crucial role in its future price trajectory.

Important Considerations:

While $USUAL shows significant promise, predictions are speculative. The cryptocurrency market remains highly volatile, and it's essential to do your own research and make informed decisions.

The expansion in circulating supply by 12.37% on December 18th could lead to changes in price dynamics, so investors should be cautious and keep an eye on market movements.

The countdown for live trading has commenced. Don't forget to follow us @DeFiOracle to stay updated with the latest in the crypto market.

#USUALSpotPrediction #USUALSpotLaunch #CryptoPredctions

News source:www.binance.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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