$USDC is not joking, something is about to happen in the cryptocurrency world because two major sell-offs are coming soon...
1. The first sell-off is that USDC's parent company Circle is going public tomorrow night, with an estimated valuation of around 7 billion USD, which will drain a massive amount of funds. Remember back in 2021 when Bitcoin peaked at 65,000? That was on April 14th when Coinbase went public, and after that, Bitcoin crashed. But that's not all:
2. The second sell-off is that Solana's pillar PumpFun will begin its presale within two weeks, with a market value of 5 billion, selling 1 billion in presale. Various retail investors and institutions will sell BTC, ETH, and other coins to participate in its presale, another vampire.
Do you remember Trump Coin on January 17th? It directly crashed the market. Now, with a few major sell-offs coming again, this is a bad omen, so please be cautious.