Today, $USUAL is up 21.9%. The trading action is pretty intense, but what really makes me reflect is that sarcastic piece about “usual.” Look: when someone who has been suspended is involved with academic freedom, public opinion suddenly erupts and people stress how important principles are. But when students and faculty are suspended, expelled, and even arrested or deported for opposing genocide, everyone seems to think that’s just “usual”—the everyday we’ve grown accustomed to. Seeing these double standards side by side is especially jarring. Today’s surge in $USUAL looks like the market is re-pricing this “usual.” It’s like once you slap on a label, what was previously absurd suddenly becomes taken for granted. If I step back and review it, I feel this rally isn’t just a numbers game—the mockery of “normality” behind it may be the real driver of the emotion. $USUAL