Real Demand or Hype?
The surge in Circle (CRCL) prices after the GENIUS Act was passed seems to be more than just a momentary "hype." It indicates a genuine demand from investors for cryptocurrency, especially as regulations become clearer. It's like investors now feel more "secure" about investing, so this is a positive signal for other crypto companies to follow suit and go public. The crypto market seems to be "leveling up"! 😉
Who Will IPO Next?
Here are some strong candidates that may follow in Circle's footsteps:
1. Kraken: They have a large global user base and a solid reputation as a leading cryptocurrency exchange.
2. Ripple (XRP): Despite facing legal issues, they have strong payment technology and extensive global partnerships.
3. Binance: As the largest cryptocurrency exchange in the world, their IPO will surely attract major attention, although strict regulations in various countries could pose a challenge.