LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattethernodes.org,Related: Gemini’s stock plummeted after its first-day surge, signaling a post-Circle crypto IPO boom is over.
Author｜jk On September 12th, the cryptocurrency exchange Gemini officially listed on the Nasdaq under the ticker symbol GEMI, marking the fulfillment of a long-cherished IPO for the trading platform founded by the Winklevoss twins. However, initial market enthusiasm was quickly tempered by real financial data . After a dramatic surge on its opening day, the stock price quickly retreated, revealing that the company’s fundamentals had failed to win the confidence of retail US stock investors. The long road to listing: from a valuation of 7.1 billion to IPO Gemini’s road to an IPO has been fraught with twists and turns. Founded in 2014 by brothers Cameron and Tyler Winklevoss, the cryptocurrency exchange began preparing for its IPO several years ago. The company reportedly spent approximately three years preparing for its…# Analysis# ethereum# MarketPre
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- Before we knew it, the total amount of Ethereum staked has reached approximately 35 million (data statistics vary somewhat between different websites). While it took about a year for this number to...