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Traded Value$Circle(CRCL.US)
Half of the profits from this stock are taken by Coinbase, and new stablecoin competitors are entering the market, facing low profits and high competition. Long-term outlook is not optimistic, and it cannot support such a high P/E ratio.
Expected to drop below 100, with a P/E ratio of 60, which is reasonable.
Guotai Junan is a cautionary tale.
$Circle(CRCL.US)
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