🚨 Is the altcoin season in the US stock market about to explode? Is it just $CRCL soaring alone, or is everyone taking off? 🚨 ✨ Despite NASDAQ about to hit new highs, CRCL has skyrocketed nearly 300%, but is the overall performance of crypto-related stocks really that impressive? To conclude: the altcoin season in the US stock market is an illusion; the reality is that it's just $CRCL's solo performance. Recent data shows that aside from @circle's $CRCL soaring alone, crypto ecosystem-related companies have only risen about 30% on average, with most lagging behind NASDAQ. 🏴‍☠️ Aside from CRCL being one of the few exceptions, most crypto-related stocks are performing poorly ⚠️ The altcoin season in the US stock market seems to be coming, but it is actually only happening with a few individual stocks and has not spread across the entire crypto stock sector. Currently, the worst performers are mining companies related to ASIC miners. Due to corporate leverage in purchasing ASIC equipment and a significant reduction in miner rewards, multiple pressures have led to a sharp decline in stock prices, with $CAN experiencing the most significant drop, nearly halving its price with a plunge of nearly 70%. Although there are standout stocks like - $CRWV (transforming into GPU cloud services and AI infrastructure) - $DFDV (providing a B2B fintech platform that connects borrowers and lenders, and builds SOL reserves) Both have surged, but overall, they still represent individual performances, and the sector as a whole has not seen a significant rise 📉
👉 Let's take a look at the differences in information and fundraising for Circle.
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