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eToro (ETOR) Gains Traction with Social-First Crypto Trading Model
eToro (ETOR) Gains Traction with Social-First Crypto Trading Model
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eToro (ETOR), the crypto-centric trading platform, has made a notable public debut, with shares peaking at $75 after its May listing at $70. While the stock has since moderated, its unique ''social-first'' approach—where traders share strategies and portfolios—sets it apart from traditional brokers.
The platform''s valuation appears reasonable, avoiding the excessive multiples common among recent IPOs. Lock-up period volatility remains a near-term risk, but the long-term case for ETOR as a speculative buy holds merit given its differentiated model.
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