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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.

Image source: Getty Images.

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Source Fool.com

Coinbase Global Inc. Stock

€223.80
4.660%
Coinbase Global Inc. dominated the market today, gaining €9.95 (4.660%).
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%.
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