(NASDAQ: COIN) has been one of the best-performing stocks in 2023. As of Dec. 15, shares are up a whopping 320%. The business is posting solid financial results amid a bull market for digital assets.

As we look toward the new year, will this top cryptocurrency stock continue to boom for investors? Or will it be a huge disappointment? Let's take a look at both sides of the argument for Coinbase.

Coinbase is riding a wave of momentum right now. In the three-month period that ended Sept. 30, the business exceeded Wall Street forecasts. This helps explain why shares are up about 80% since that financial update on Nov. 2.

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Source Fool.com