Peter Schiff Declares the End of Crypto: USDC Plummets 71%! 😂💥

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Ah, Peter Schiff strikes again, wielding his trusty gold hammer to smash the glittering castle of crypto. This time, it’s not Bitcoin or Ethereum taking the heat but a stock that’s as boring as a snowstorm-Circle (CRCL). Who knew that behind those shiny stablecoins lurks a disaster waiting to happen? 🤑

In June 2025, the brave folks at Circle decided to throw their hat into the ring with an IPO on the New York Stock Exchange. Stock skyrocketed to $300-talk about a lunar ride! That’s a +1,000% return faster than you can say “cryptocurrency is dead,” ahaha! 😂

But as all good things do, the party ended. Four months later, the stock slid faster than a greased pig, hitting $86.3 in November-almost a third of its peak. This month? A brutal 32% drop, proving that even Wall Street has its nightmares. 💀

“Even those investors will be down”

Now Peter Schiff, the king of gold grimness, pops up from his financial bunker and declares, “Crypto trade is over.” Sure, CRCL’s up 25% since June-great for the gamblers-but Schiff’s warning? Better sell before you’re swimming with the fishes. 🐟

He doesn’t even bother to spell out all the reasons-just a typical Schiff special, throwing shade on the entire crypto circus. His point? Even if USDC claims to be backed by real dollars, in his eyes, it’s as credible as a three-dollar bill. 🙄

So folks, keep your gold close and your crypto closer-or maybe just buy a pig farm, at least the pigs don’t crash. Or do they? 🐷🌪️

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2025-11-13 11:07