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USUAL Token Rises 33% Amid Crypto Correction: What’s Fueling Its Surge?
Amid the ongoing crypto correction fueled by heavy whale selloff, which resulted in approximately $1 billion in total leveraged liquidations, the Usual (USUAL) token emerged as a top outlier with a staggering 33 percent growth in the last 24 hours to trade around $1.46 on Friday during the early European session.
The recently launched altcoin has attracted significant attention from crypto traders following its listing on major cryptocurrency exchanges led by Binance.
According to the latest market data, the Usual token has experienced an enormous volume-to-market cap ratio of approximately 222 percent after achieving a fully diluted valuation of around $6.3 billion.
In addition, the highly liquid altcoin has received more than $1.2 billion in total value locked (TVL), through its USDO Stablecoin.
Why Does Usual Matter a Ton?
The Usual protocol debuted as a secure and decentralized fiat stablecoin issuer, which redistributes ownership and governance to the USUAL token holders.
Source: coinpedia.org
