Can Coinbase Reach a $1 Trillion Market Cap?
Over the last few years, Coinbase Global (NASDAQ: COIN) has established itself as one of the premier players in the cryptocurrency market. As the largest cryptocurrency exchange in the United States and one of the most well-known globally, Coinbase's influence and reach in the crypto industry are undeniable.
The question now is whether Coinbase can reach a $1 trillion market cap. For Coinbase to achieve this milestone, it would need to jump another 1,400% from its current valuation. But with a little digging, it becomes clear that it might just be able to pull it off.
Source Fool.com
Coinbase Global Inc. Stock
Currently there is a rather positive sentiment for Coinbase Global Inc. with 31 Buy predictions and 16 Sell predictions.
On the other hand, the target price of 161 € is below the current price of 223.8 € for Coinbase Global Inc., so the potential is actually -28.06%.