Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Market Capitalization:3 104 103 992 180,4 USD
Vol. in 24 hours:96 378 230 138,9 USD
Dominance:BTC 58,7%
ETH:12,18%
Yes

Gemini Crypto Exchange: Mizuho’s Insightful $30 Target Uncovers a Hidden Opportunity

crypthub
Gemini Crypto Exchange: Mizuho’s Insightful $30 Target Uncovers a Hidden Opportunity

Mizuho's Outlook

Mizuho Securities launched coverage of Gemini with an Outperform rating and a $30 price target. The stock trades around $13.80, marking a 56.9% drop since its IPO. Mizuho interprets the decline as a buying opportunity rather than a red flag. The firm labels Gemini a “hidden gem” based on its perceived upside.

Growth Drivers

Gemini is investing in decentralized prediction markets, a nascent segment of blockchain technology. Management is actively pursuing the licenses needed to launch these new lines of business. This innovation focus, combined with a current valuation that under‑reflects future revenue, positions the exchange for strong growth. Regulatory preparation further signals responsible expansion.

Investor Considerations

The post‑IPO price dip offers an attractive entry point for investors willing to tolerate crypto volatility. Success in securing regulatory approvals and rolling out prediction‑market prototypes could act as catalysts for the stock. However, intense competition and a complex regulatory environment remain risks. Mizuho’s thesis hinges on Gemini’s ability to execute its growth roadmap and benefit from broader market rebounds.