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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
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📅 Ends at 4:00 AM July 22 (UTC)
J.P. Morgan has downgraded Circle's rating to "hold," expecting the stock price to fall to $80 by the end of 2026.
Odaily News JPMorgan analysts have begun to follow Circle (CRCL) stock, giving it a downgrade rating and setting a target price of $80 for December 2026. Analyst Kenneth Worthington pointed out that the forecast target represents a 55% decline from the current CRCL stock price of $180, based on an expected 45 times earnings per share (EPS) for 2027 plus a $10 pump potential premium. Given Circle's first-mover advantage and numerous use cases, it occupies a favorable position in the emerging stablecoin market, but its current market capitalization is already too high; if the target price for December 2026 is $80, it implies a market capitalization of about $21 billion. (Cointelegraph)