Gemini has followed Circle's success by filing for an IPO, raising doubts among some key opinion leaders (KOLs) who see it as a potential bubble indicator. Despite showing interest in going public for months, the Winklevoss twins' centralized crypto exchange has not been a prominent player in the IPO scene. However, after witnessing Circle's prosperous IPO, Gemini has decided to join the trend. Cameron Winklevoss hinted at significant future developments during a recent public appearance, further fueling speculation. While the move doesn't come as a complete surprise given the firm's previous hints, some community members question whether it is saturating the market. Concerns have been raised about the valuation of both Gemini and Circle, with some suggesting that the IPO frenzy could be a sign of a market bubble. The situation is still evolving, and caution is advised when interpreting the implications of Gemini's IPO. Read more AI-generated news on: https://app.chaingpt.org/news