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Sell Big Fly! The strongest $CRCL
this week has nearly doubled in the past two weeks. Earnings reports exceeding expectations is one factor, or perhaps the previous big surge has already been priced in. Why did it continue to rally sharply yesterday? The more chaotic the world, the stronger stablecoins become?
Or is it because @usdc, the leading compliant stablecoin, has seen obvious institutional capital inflows recently? The hype still revolves around risk aversion + compliance narratives, plus the AI payment narrative. The cost-performance ratio of gold at this level is really not as good as $CRCL , but now @circle is truly cautious.
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