Is it 2021 all over again?Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from the IPO price of $31. The event was the culmination of a long journey for the USDC stablecoin issuer, which had been pursuing an IPO for several years.For the crypto industry, it’s certainly a win — a sign of strong traditional investor demand and that under the Trump administration, crypto native firms really do have a path to going public.But cryptocurrencies themselves weren’t enthused
source: https://www.coindesk.com/markets/2025/06/05/ptsd-afflicted-crypto-investors-hit-the-sell-button-after-circles-euphoric-ipo