SpaceX IPO day 1 is over. Here's what actually happened.
SPCX opened at ~$170, 29% above the $135 IPO price. Then reality hit — the pre-IPO allocation mess meant most crypto users who participated got nothing but refunds (minus fees). Some hedged with shorts and got caught both ways.
The stock itself is trading fine. But the RWA tokenization narrative took a hit — trust is expensive to build and cheap to lose.
Quant trading system CoinRadar score on BTC: Trend 7/15, Confirm 4/6. Still ranging at $61K-$62K. No breakout yet.
Fear & Greed at 19 — still Extreme Fear.
Did you participate in the SpaceX IPO? How did it go?