6/23/25 - $coin - If u like $crcl u should like $coin better

6/23/25 :: VROCKSTAR :: COIN
If u like CRCL u should like COIN better

- hard enough to own a lot of things long
- but COIN basically keeps majority of the economics it generates w/ CRCL's chitstablecoin called USDC
- nevermind it's trading at a similar valuation with fin metrics that are literally MULTIPLES larger (3-5x) than CRCL
- anyway.
- buy CRCL at your own peril. and perhaps the more obvious pair here than even FI would be long COIN and short CRCL (I have put this on FWIW)
- the idea would be to use CRCL short profits to either move into cheaper COIN or $obtc. if CRCL continues to run, i'd guess the beta on COIN is now going to catch a wind as well and IV is a whole lot cheaper (on the long side) and the nominal px's for each r roughly similar $300
- gl to all.
- stay frosty :)

V