#Circle Stock Hits All-Time High as $USDC Issuer Surges 16%


$USDC issuer Circle reached a new all-time high of $165.60 before settling at $154.96, marking a 16% daily gain.


The stablecoin giant's stock has climbed more than five times its $31 IPO price since going public less than two weeks ago.


Circle's meteoric rise continued after multiple trading halts due to extreme volatility, with shares grinding higher throughout last week.


The surge followed USDC's expansion to Sam Altman's World Chain, boosting investor confidence in the #stablecoin's growth trajectory.


SharpLink Gaming also rebounded 46% to $13.48, recovering from last week's 70% plunge amid SEC filing confusion.


The Ethereum treasury company, chaired by Consensys CEO Joseph Lubin, maintains 176,000 $ETH purchased at an average of $2,600 per coin.


SharpLink has deployed 95% of its $462 million Ethereum holdings into decentralized finance to generate #yield, differentiating from buy-and-hold strategies.

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June 16, 2025 at 11:14 PM
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