This Little-Known Fact Is Why I'm Buying Coinbase Hand Over Fist
Over the last year, Coinbase (NASDAQ: COIN) is up more than 180%. Zooming out even further, since the beginning of 2023, it's up a whopping 530%. And if I had to bet, it's going higher.
But the reason behind this isn't what you might normally hear. While the crypto market keeps growing and deep-pocketed institutional investors have dipped their toes into crypto, which will undoubtedly benefit Coinbase, there's another reason the company has yet to reach its full potential and why I am buying this gem of a company hand over fist: an increasingly favorable regulatory environment.
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Source Fool.com
Coinbase Global Inc. Stock
€237.00
10.630%
Our community is currently high on Coinbase Global Inc. with 31 Buy predictions and 17 Sell predictions.
However, we have a potential of -33.76% for Coinbase Global Inc. as the target price of 157 € is below the current price of 237.0 €.
