🚨🚨 Usual ($USUAL) on Binance Launchpool – Price Prediction and Growth Potential 🚨🚨
If you're on the lookout for innovative crypto projects, Usual ($USUAL) might just be the hidden gem you need to pay attention to. Recently featured on Binance Launchpool, Usual is a groundbreaking stablecoin project that's making waves in the crypto world. In this post, we’ll explore the unique features of Usual and dive into its potential price growth.
What is Usual?
Usual is an advanced multi-chain platform that aggregates tokenized Real-World Assets (RWA) from top entities like BlackRock, Ondo, and Hashnote. These RWAs are converted into permissionless, verifiable on-chain stablecoins. The platform’s main goal is to decentralize financial power by redistributing ownership to Total Value Locked (TVL) providers and third parties, similar to how Tether’s TVL providers could own the company and its profits.
Usual’s Vision:
Usual aims to reshape the financial landscape by building a decentralized hub that prioritizes asset safety, power redistribution, and aligned incentives for users. Key goals include:
Stablecoin Profits: Highlighting the over $10 billion revenue from Tether and Circle, which is not shared with users.
RWA Integration: Although RWA is growing, it’s not yet well integrated into DeFi.
User Incentives: Usual seeks to better reward early DeFi users who have previously been left out of profit-sharing.
Key Features of Usual:
Tether On-Chain Rebuild: Usual plans to build a fully decentralized, transparent, fiat-backed stablecoin.
Bankruptcy Remote: Usual avoids fractional reserve banking, ensuring safety through short-term, risk-free assets.
Profit Redistribution: Unlike centralized stablecoins, Usual redistributes 100% of its profits to users via governance tokens, ensuring a fairer financial system.
Usual Ecosystem Tokens:
1. USD0: A fully collateralized stablecoin backed by safe, short-term assets, designed to be composable, permissionless, and transparent.
2. USD0++: A liquid staking token that allows users to stake USD0 and earn $USUAL tokens.
3. $USUAL: The governance token that provides users with a share in protocol profits and voting power on critical decisions.
Usual’s Use Cases:
Governance: $USUAL token holders can vote on important protocol decisions.
Disinflationary Issuance: $USUAL issuance slows as Total Value Locked increases, creating a deflationary effect.
Revenue-Driven Model: $USUAL’s issuance aligns with protocol revenue streams, ensuring sustainable growth.
Staking Rewards: Users who stake $USUAL earn 10% of newly issued tokens, incentivizing long-term participation.
Binance Launchpool Information:
Total Token Supply: 4,000,000,000 $USUAL
Launchpool Rewards: 300,000,000 $USUAL (7.5% of total supply)
Available Pools: BNB Pool (255M $USUAL), FDUSD Pool (45M $USUAL)
Time Period: November 15, 2024 to November 18, 2024 (4 days)
Price Forecast and Market Outlook:
Pre-market Price: Estimated at $0.25 to $0.5 per token, equating to a market cap between $75M and $150M.
Price Target: $USUAL could peak at $0.8 - $1.0, which would correspond to a market cap between $200M and $300M. Over time, its market cap could stabilize between $100M and $150M, with a price range of $0.3 - $0.5.
Our Viewpoint:
Pros:
Innovative Concept: Usual’s decentralized and community-driven stablecoin model sets it apart from traditional centralized coins.
Community Empowerment: Usual redistributes control to its users, ensuring a more equitable system.
Investor Support: The project has raised $8 million in funding, with strong backing from notable investors.
Undervalued: Compared to competitors like Ethena, Usual’s expected fully diluted valuation (FDV) is significantly lower.
Cons:
Private Funding Transparency: The project hasn’t fully disclosed token allocations for its investors, which raises concerns.
Reliance on Community Sentiment: Over-dependence on community engagement may expose the token to volatility or manipulation.
Low Community Attention: Despite being listed on Binance, Usual hasn't generated the same level of excitement as other high-profile projects.
In conclusion, while Usual presents a promising alternative to centralized stablecoins with its community-centric, decentralized approach, it must overcome challenges like market awareness and transparency to realize its full potential in the crypto space.
