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Crypto

Circle Valuation Sparks Debate Among Crypto Insiders

Guavy AI Editorial Team
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According to Bitwise's Chief Investment Officer Ben Rasmussen, Circle is significantly undervalued. Rasmussen believes that stablecoins are heading towards trillions in market capitalization.

Rasmussen argues that the current price of Circle reflects a misunderstanding of its value proposition and potential for growth.

The price movement of Circle's stock has been volatile, with some predicting it could reach $1.5 billion in valuation if it is able to achieve its target market cap.

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