$USUAL - One of the Top DeFi TokenUSUAL (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.