Since Its Listing, Circle (CRCL) Has Surged Over 740%, with a Market Cap Reaching 103.6% of USDC

BlockBeats News, June 24—According to market data, at Monday’s close, Circle Internet Group (CRCL) rose by 9.64%, currently quoted at $263.45, with a market capitalization of $63.89 billion. The current share price has increased by 749% compared to its IPO price.

As of press time, USDC’s market capitalization stands at $61.675 billion, meaning Circle’s market cap has reached 103.6% of its USDC market cap.

As previously reported by BlockBeats, Circle completed its IPO on June 6 at $31 per share, surging nearly 200% on its first day of trading.