CRCL’s “earnings trend” looks like a stablecoin startup trying to cosplay a real business: EPS sliding, earnings thinning, peg ratio puffed up like a parade balloon, and the share price floating off into the stratosphere pretending gravity is optional. A bubble with branding.

CRCL’s “earnings trend” looks like a stablecoin startup trying to cosplay a real business: EPS sliding, earnings thinning, peg ratio puffed up like a parade balloon, and the share price floating off into the stratosphere pretending gravity is optional. A bubble with branding.

https://i.redd.it/cmo8r93ueo0h1.jpeg

Posted by Salt_Yak_3866