Circle's Monero onramp is about the biggest news for the adoption of the currency as I can remember. And I kinda go back a ways...

I think the price action right now considering this is a real sleeper. Very typical of XMR.
No worries though. Price action is fickle and fairly meaningless in the short term...
That app is terrible, way way worse than coinbase. I don't expect it to be a large fiat channel, because it hides fees in higher prices and lacks withdraw/deposit features. Hopefully they realize their stupidity and employ properly their VC money.