$Circle Internet Corp.(CRCL)$ : Are we looking at a classic "sell the news trap" where all future growth is already priced in OR is this sideways consolidation a gift wrapped in last parking space before an explosive upward launch?
Crypto Bulls argue that evaluating Circle as a mere tech stock is an analytical error. Circle provides the essential cross border financial plumbing for the modern digital revolution. As global dollar demand skyrockets across emerging markets, USDC supply continues to scale at an exponential speed.
Bernstein boldly forecast USD 140 as they believe the current flatline is a golden opportunity to accumulate more stocks of Circle. Sister Wood said that Circle is part of Galaxy Big 3 which includes Coinbase & Ethereum.
Conversely Crypto Bears like Susquehanna has a target price of only USD 92. Circle is flat as there is no more upside surprise.
I am in the Camp that believes Circle is a money market engine.
@Tiger_comments @TigerStars @Tiger_SG
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