Gemini Stock Leads Crypto IPO Losses With 89% Drop From Its Debut
The post Gemini Stock Leads Crypto IPO Losses With 89% Drop From Its Debut appeared on BitcoinEthereumNews.com. Recent crypto IPO stocks are all trading below their debut-day prices, with Circle (CRCL) down about 6% and Gemini (GEMI) down 89%. The pattern spans every major crypto listing since mid-2025. Their slide tracks a broad market downturn that began in October. Gemini, BitGo, Bullish Shares Sink Over 70% From Their Opening Trades The data outlines how steep the losses run across the six major names. Gemini (GEMI) opened at $37 on its September 2025 debut and now trades near $4.19. That marks a drop of about 89%. BitGo (BTGO) sits about 77% below its $22.43 first trade in January 2026. Bullish (BLSH) has fallen roughly 71% from its $90 open. eToro (ETOR) trades near $41, down about 42% from its $69.69 open. Figure (FIGR) is off about 14% from its $36 debut, and Circle is down about 6% from its $69 open. Follow us on X to get the latest news as it happens Chart Comparing Crypto IP