Circle and Galaxy Stand Out as the Only Profitable Crypto IPOs While eToro Plummets 40% Since Its Launch
Crypto IPO Performance: The 2025 crypto IPO landscape has revealed a stark contrast between successful companies like Circle and Galaxy Digital, which have seen significant gains, and underperformers like eToro, Bullish, and Gemini, which have struggled due to declining retail interest and regulatory challenges.
Investor Sentiment Shift: Investors are increasingly favoring companies with strong fundamentals and compliance over those reliant on speculative retail trading, as evidenced by eToro's over 40% decline since its IPO.
Market Dynamics: Circle and Galaxy Digital have emerged as benchmarks for stability and credibility in the crypto space, while the overall market shows modest progress, with a portfolio of the five major IPOs yielding a 526% return from initial investments.
Technical Analysis: Circle's stock is currently testing resistance levels around $139, with a potential breakout indicating a return to bullish momentum, while failure to maintain support could lead to further consolidation.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author
