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Stablecoin issuer Circle turned heads earlier this summer when its stock opened at a stratospheric $69 during public market trading on June 5, doubling the money for early participants in its already-upsized initial stock offering.

CRCL went on to soar throughout the month of June, and the stock cemented its reputation as high-flying crypto equity when share prices neared $300. Unfortunately, as summer progressed, seasonal doldrums eventually took hold of this ticker…

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