Whales dominate Plasma launch
Plasma’s public sale launch resulted in a small number of whales dominating the initial allocation and a “gas war.”
Plasma’s public sale launch resulted in a small number of whales dominating the initial allocation and a “gas war.”
Circle’s rise after its IPO on its first day of trading is a contrast to Coinbase, which fell on its first day of trading.
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.