Circle: The Next Crypto Headache

Description

Summary Circle’s stock has rallied at an impressive rate since its IPO in June. However, the company faces major risks that can disrupt its business and undermine the future growth of its share price. Circle is SELL for us right now. Circle Internet Group ( CRCL ) has experienced an explosive rally since its IPO in June, soaring by triple-digit percentages in just a few weeks. While the potential implementation of the GENIUS Act and a growing enthusiasm for stablecoins have fueled the rally, we ...