New Stock God Serenity: COIN, HOOD, and CRCL Valuations May Become Attractive Again
Odaily Planet Daily News: The new stock god Serenity posted on platform X, stating that with the advancement of US crypto regulatory policies, crypto-concept stocks such as Coinbase (COIN), Robinhood (HOOD), and Circle (CRCL) may attract attention once again.
Serenity believes that if the "CLARITY Act" advances in its current direction, it may be more favorable to the traditional banking system and could limit some innovations in the crypto space, as well as products that compete with banking businesses. At the same time, related policies could impact market liquidity but might strengthen the status of the US dollar.
Serenity stated that for swing traders, the current valuation levels of the aforementioned stocks seem to be attractive once again.
