Recently Listed Crypto Companies Fall 73% On Average From IPO Highs, Gemini Down 91%

According to 10x Research, recently listed cryptocurrency companies have experienced sharp declines from their IPO highs, with an average drop of 73%. Gemini (GEMI) fell 91%, Amber (AMBR) 89%, BitGo (BTGO) 79%, Circle (CRCL) 78%, Coinbase (COIN) 63%, and Securitize (SECZ) 41%.
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