It feels like the crypto market is about to explode!
——USDC's parent company Circle is going public on June 5, with a valuation skyrocketing to 18 billion USD. This situation is almost a mirror image of the Coinbase IPO in 2021!
Back then, when Coinbase rang the bell, Bitcoin took a plunge, dropping from 65,000 all the way down to levels that made everyone unrecognizable; if history repeats itself, this wave of 'bloodsucking effect' might just create a huge pit in the market?
Now, many people in the circle are nervously holding their wallets—big institutions are entering the market like 'hungry wolves pouncing on prey', and us small investors with our U (USDC) might really not be able to hold on much longer. Who knows when we might get 'cleaned out'...
(PS: The more anxious you are, the calmer you should be! After Coinbase went public, the market did indeed experience volatility, but after short-term emotional speculation, it's hard to predict the trend. Right now, following the trend to sell off or chase high prices can easily lead to missteps, so it’s better to keep your pockets tight and wait for a couple of days to see what happens~)