Circle made history … but what happens after

In April, we talk about how Circle – The issuer of USDC Stablecoin: He was preparing to make public.

(If you got lost, put up here.

Good… It is official now.

Crcl’s actions began to quote on the New York Stock Exchange..

And so, Circle became the first stablecoin issuer to make public in the United States.

Quite historical.

And yes, the launch was massive.

The IPO was in excess, Which means that more people wanted actions that the available actions.

The price of the share supply was $ 31 … and was as high as $ 123. That is almost a 4x jump on the first day.

Some of that hype could have dropped to Good moment.

The Trump administration has openly supported Stablecoins and new proposals such as The act of genius objective is to give them a clear legal status.

That type of regulatory clarity Makes the circle business model look Much more legitimate – Especially for traditional investors who have doubted cryptography.

In general, all this sounds super exciting. Large numbers, good configuration, Yada Yada.

But don’t get carried away.

Former Goldman Sachs banker Dom Kwok explained that opi are often configured for “pop” the first day to get attention, But it does not mean that the stock really still is still.

He emphasized the importance of blocking period – The first 90 to 180 days after an OPI, when experts and first investors cannot sell their shares.

For the circle, that period is 180 days.

Once it ends, those investors can Sell, and they usually do. That often creates Downward pressure on stock.

In fact, Dom mentioned the Facebook opi in 2012. When its blocking ended, the action fell to almost half the price of opi.

Whatever happens, the general panorama is clear: Wall Street seems more open to cryptography related.

And the circle could be just the beginning 👀

The day after Crcl was launched, Gemini announced He presented his own IPO.

Coincidence? I don’t think so …