USUAL (usualmoney) skyrocketed, with a massive 644% increase in just one month since it hit the market.
Usualmoney is like an on-chain version of Tether or Circle, but it actually shares its revenue with token holders.
Usual is all about issuing stablecoins backed by real-world assets (RWA), and they're big on giving back to their community through the USUAL token.
We're seeing a huge shift in RWA stablecoins, with $USUAL hitting 1B dollar in TVL thanks to backing from Binance and Kraken. Binance Labs threw some serious cash at $USUAL, investing in @usualmoney.
No doubt, this is one of the top DeFi tokens out there.
TECHNICAL OUTLOOK:
Price failed to break its ATH and is now gently correcting.
It would be a perfect entry if we can retest the 4-hour demand around 0.87 to 0.80, in confluence also with our golden zone fib level.
Usualmoney is like an on-chain version of Tether or Circle, but it actually shares its revenue with token holders.
Usual is all about issuing stablecoins backed by real-world assets (RWA), and they're big on giving back to their community through the USUAL token.
We're seeing a huge shift in RWA stablecoins, with $USUAL hitting 1B dollar in TVL thanks to backing from Binance and Kraken. Binance Labs threw some serious cash at $USUAL, investing in @usualmoney.
No doubt, this is one of the top DeFi tokens out there.
TECHNICAL OUTLOOK:
Price failed to break its ATH and is now gently correcting.
It would be a perfect entry if we can retest the 4-hour demand around 0.87 to 0.80, in confluence also with our golden zone fib level.
Tealstreet.io Trade Faster & Trade Easier
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Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.