CryptoCondom
CryptoCondom|Jun 04, 2025 08:55
The @circle IPO is going public today at a 7.2b valuation (approx 28/share). For reference, CRV has an FDV of 1.5b AAVE has an FDV of 4.2b MKR + SKY has an FDV of $1b+ #Ethereum is the chain with the highest percent (50%) of stablecoins (124.5b out of a 249.4b total stablecoin MC). Im expecting a halo effect for ETH & DeFI from the Circle IPO + risk on behavior if Friday's NFP is good (see @Tom__Capital's recent excellent post: https://x.com/tom__capital/status/1930162390211146184?s=46)
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