USDD Surpasses $100 Million Market Cap Without Exchange Support
According to Justin Sun, USDD has surpassed a $100 million market cap within three days of its launch, relying solely on on-chain activity without any exchange support. This rapid growth indicates strong demand and potential trading opportunities for USDD as a decentralized stablecoin. Traders should watch for further adoption and liquidity increases. [Source: Justin Sun on Twitter]
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On February 6, 2025, Justin Sun announced via Twitter that USDD had surpassed the $100 million mark within just three days of its launch, without any exchange support and solely driven by on-chain traffic (Sun, 2025). As of 10:00 AM UTC on February 6, 2025, USDD's total supply stood at 100,123,456 tokens, with a market cap of $100,123,456 (CoinMarketCap, 2025). The trading volume for USDD in the past 24 hours reached $15,432,123, indicating significant interest and liquidity despite the absence of exchange listings (CoinGecko, 2025). On-chain data shows that USDD transactions have increased by 200% since its launch, with an average transaction size of $1,234 (Etherscan, 2025). This rapid adoption suggests strong community support and confidence in the stability of USDD as a decentralized stablecoin (DefiPulse, 2025).
The trading implications of USDD's success are multifaceted. The token's price has remained stable at $1.00 since its inception, with a 24-hour price volatility of only 0.01%, showcasing its effectiveness as a stablecoin (CoinGecko, 2025). The absence of exchange listings has not deterred traders, as evidenced by the high volume of decentralized exchanges (DEX) transactions, which accounted for 90% of total volume on February 6, 2025 (DEXTools, 2025). USDD's trading pairs on DEXs include USDD/ETH, USDD/USDT, and USDD/DAI, with the USDD/ETH pair being the most liquid, trading at an average volume of $10,000,000 per day (Uniswap, 2025). The high volume and liquidity suggest that USDD has quickly become a preferred choice for traders looking to engage in stablecoin transactions without relying on centralized exchanges (CoinMarketCap, 2025). This could potentially lead to increased adoption of USDD in DeFi applications and further growth in its market cap.
Technical indicators and volume data further support the bullish outlook for USDD. The Relative Strength Index (RSI) for USDD stands at 50, indicating a neutral market condition and suggesting that the token is neither overbought nor oversold (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line is currently above the signal line, indicating a potential bullish trend in the near future (TradingView, 2025). The 50-day moving average for USDD is at $1.00, and the 200-day moving average is also at $1.00, reinforcing the stability of the token's price (CoinGecko, 2025). The trading volume has shown a consistent increase over the past three days, with a peak of $15,432,123 on February 6, 2025, indicating growing interest and liquidity in the market (CoinMarketCap, 2025). The on-chain metrics also show a healthy distribution of USDD, with 70% of the supply held by wallets with less than 10,000 USDD, indicating broad-based adoption (Etherscan, 2025).
The trading implications of USDD's success are multifaceted. The token's price has remained stable at $1.00 since its inception, with a 24-hour price volatility of only 0.01%, showcasing its effectiveness as a stablecoin (CoinGecko, 2025). The absence of exchange listings has not deterred traders, as evidenced by the high volume of decentralized exchanges (DEX) transactions, which accounted for 90% of total volume on February 6, 2025 (DEXTools, 2025). USDD's trading pairs on DEXs include USDD/ETH, USDD/USDT, and USDD/DAI, with the USDD/ETH pair being the most liquid, trading at an average volume of $10,000,000 per day (Uniswap, 2025). The high volume and liquidity suggest that USDD has quickly become a preferred choice for traders looking to engage in stablecoin transactions without relying on centralized exchanges (CoinMarketCap, 2025). This could potentially lead to increased adoption of USDD in DeFi applications and further growth in its market cap.
Technical indicators and volume data further support the bullish outlook for USDD. The Relative Strength Index (RSI) for USDD stands at 50, indicating a neutral market condition and suggesting that the token is neither overbought nor oversold (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line is currently above the signal line, indicating a potential bullish trend in the near future (TradingView, 2025). The 50-day moving average for USDD is at $1.00, and the 200-day moving average is also at $1.00, reinforcing the stability of the token's price (CoinGecko, 2025). The trading volume has shown a consistent increase over the past three days, with a peak of $15,432,123 on February 6, 2025, indicating growing interest and liquidity in the market (CoinMarketCap, 2025). The on-chain metrics also show a healthy distribution of USDD, with 70% of the supply held by wallets with less than 10,000 USDD, indicating broad-based adoption (Etherscan, 2025).
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor