Is the bull season over?
Published 12/24/2025, 9:38:09 AM
It appears you're asking about the "CIRCLE" token on the Base chain, which is distinct from Circle Internet Financial (the issuer of USDC). Based on my research, this "CIRCLE" token is often referred to as "Ultraround Money (CIRCLE)" or "Burning Circle (CIRCLE)" and seems to be a meme coin.
Here's a summary of what I found regarding its current status and whether its "bull season" might be over:
Token Details:
- Name: Ultraround Money (CIRCLE) / Burning Circle (CIRCLE)
- Chain: Base
- Contract Address:
0x5baBfc2F240bc5De90Eb7e19D789412dB1dEc402
Market Overview (as of various recent dates in late 2025, with some discrepancies across sources):
- Current Price: Approximately $1.19 - $1.27
- Market Cap: Around $1.04 Million - $1.11 Million
- 24h Trading Volume: Very low, ranging from $0 to $7.9 Thousand. This indicates limited trading activity and potentially low liquidity.
- All-Time High (ATH): Around $35.11 - $35.55 (reached March 4, 2024, or January 26, 2025, depending on the source).
- Current Price vs. ATH: The token is significantly down from its ATH, with reports indicating a drop of 51% to over 95% from its peak.
Recent Price Action & Social Chatter:
- Recent Pumps: Some social media mentions from early October 2025 suggest recent price surges, with one tweet noting "CIRCLE up 100 today." Another tweet from October 13, 2025, mentioned a "Strong Circle weekly close relative to the market, after a high volume week."
- Mixed Short-Term Performance: While there are mentions of recent positive movements, the 7-day price change is reported between -4% and -11%, and 30-day changes are mixed (-16% to +14%).
- Meme Coin Characteristics: Social chatter highlights its "deflationary and tax free" nature and integration with platforms like Peapods Finance, suggesting it operates within the meme coin ecosystem.
Analysis on "Bull Season":
For the "CIRCLE" token on the Base chain, it's challenging to definitively say if its "bull season" is over due to the highly speculative nature of meme coins and inconsistencies in available data. However, here are some observations:
- Significant Correction from ATH: The token has experienced a substantial decline from its all-time high, which occurred several months ago. This indicates that the major "bull run" that led to its peak price has concluded.
- Low Liquidity and Volume: The very low 24-hour trading volume and market cap suggest that the token has limited liquidity. This makes it highly susceptible to large price swings with relatively small amounts of capital, and any "pumps" could be short-lived.
- Meme Coin Volatility: Meme coins are known for extreme volatility, driven more by community sentiment and hype than fundamental value. They can experience rapid, unpredictable rallies and equally sharp corrections. While there might be short-term "pumps" or periods of increased interest, these are often not sustainable "bull seasons" in the traditional sense.
Conclusion:
While there might be intermittent short-term rallies or "pumps" for the "CIRCLE" token on Base, the overall trend from its all-time high suggests that its primary "bull season" has passed. Its low liquidity, significant drop from peak prices, and meme coin characteristics indicate a high-risk, speculative asset.
As an experienced trader, you should exercise extreme caution and conduct thorough due diligence if considering any positions in this token, especially given the data inconsistencies and the inherent volatility of meme coins.