Gemini Stock Leads Crypto IPO Losses With 89% Drop From Its Debut

Recent crypto IPO stocks are all trading below their debut-day prices, with Circle (CRCL) down about 6% and Gemini (GEMI) down 89%. The pattern spans every major crypto listing since mid-2025. Their slide tracks a broad market downturn that began in October. Gemini, BitGo, Bullish Shares Sink Over 70% From Their Opening Trades The data
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