
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)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink