What kind of shoddy coin is this, it has risen too sharply. With a market value of 25 billion US dollars, it's really hard to take the plunge. If I'm not careful and buy in, I might end up being the one holding the bag at 250.

Comparing Circle's valuation to Coinbase, a level of about 20% to 30% seems reasonable; it should make around 500 million US dollars in a year without much issue. Based on a price-to-earnings ratio of 30, it's worth about 15 billion US dollars. So, it would be prudent to consider getting in only when its market value drops below 15 billion.

Moreover, when those big institutions invested earlier, they were basically coming in at a valuation of 4.5 billion US dollars or even higher, and now their balance sheets have at least multiplied by 5 times.