Gemini Plunges 6%—Post-IPO Slump Deepens to 24%
Another day, another double-digit drop for the crypto exchange.
Gemini’s stock just can’t catch a break—shares tumbled another 6% today, pushing its post-IPO losses to a brutal 24%. That’s more than a fifth of its market cap… gone.
What’s driving the sell-off?
Investors are clearly spooked. Maybe it’s regulatory pressure. Maybe it’s competition. Or maybe—just maybe—the market’s finally realizing that not every crypto firm deserves a blank check.
Welcome to public markets, where hype meets reality. And reality’s winning.