$USUAL Many of you asked to proove it a shit coin.
Key Metrics Analysis:
1. Price:
• Current Price: $0.9358 (with a significant decline of -11.59%).
• All-Time High (ATH): $1.6356 (on 2024-12-20).
• All-Time Low (ATL): $0.2055 (on 2024-11-20).
Insight: The coin has shown substantial volatility in the past month, with a rapid rise from its ATL to its ATH and now declining. This volatility could indicate speculative trading or external factors affecting its value.
2. Market Cap:
• Market Cap: $454.36M.
• Fully Diluted Market Cap: $3.72B.
Insight: The market cap is decent for a mid-cap cryptocurrency, but the fully diluted market cap suggests significant potential inflation if the total supply enters circulation.
3. Circulating Supply vs. Total/Max Supply:
• Circulating Supply: 488.17M USUAL.
• Total Supply: 509.67M USUAL.
• Max Supply: 4B USUAL.
Insight: Only about 12.2% of the max supply is in circulation. A large future supply could dilute the value unless demand scales proportionally.
4. Volume and Volatility:
• Trading Volume: $251.81M.
• Volume/Market Cap: 55.42%.
Insight: A high trading volume relative to the market cap shows strong liquidity, but it might also indicate speculative trading or pump-and-dump activities.
5. Market Dominance:
• 0.0141%.
Insight: The coin holds a small share of the global crypto market, indicating it’s not a major player yet.
Key Considerations:
1. Volatility: The sharp price fluctuations (from ATL to ATH within a month) suggest speculative interest rather than steady organic growth. Be cautious of short-term hype.
2. Inflation Risk: With a max supply of 4B but only ~488M in circulation, significant future issuance could dilute the coin’s value.