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flag Jim Cramer warns against investing in Circle Internet, calling its 168% surge "too hot."

flag Jim Cramer of CNBC advises against buying Circle Internet stock, which surged 168% on its first day of trading, calling it "too hot." flag Circle Internet, which issues stablecoins, saw its valuation jump from $5.5 billion to about $25 billion. flag Cramer warns the IPO market is getting "a little crazy" and suggests waiting for prices to stabilize before investing.

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