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robustus-1
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JP Morgan got paid $20mm to bring $CRCL to market at $31 nine days ago.
Now this:
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Someone forgot to tell $CRCL there's a new war on
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Was ETH on the IDF's target list?
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Dumping BTC in response to middle east news is still one of the dumbest things traders do. And traders are pretty dumb.
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So Circle is trading at >4x the IPO price 2 trading days after list, in an otherwise flat market So bankers still have *no idea* about the crypto world, how to price stuff, how to think about demand, etc If Circle shareholders weren't getting so rich anyway, they'd be pissed ;)
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