Coinbase is an online platform that allows merchants, consumers, and traders to transact with cryptocurrency. It is the largest US cryptocurrency exchange in terms of volume and users.
As of late 2018, it had 13 million users and processed about $150 billion worth of transactions in 2017.
As of 17th June 2022, Coinbase tokenized stock FTX is trading at $52.03 in terms of its USD rate with a price change of -0.03% in the last one hour.
COIN has a total market cap of $0 with a 24-hour trading volume of $110,150.00. This makes Coinbase tokenized stock FTX (COIN) rank at 3812nd in the cryptocurrency market.
If you are a crypto investor and wondering what the Coinbase tokenized stock FTX price prediction will be at the end of 2023, What will Coinbase tokenized stock FTX be worth in 2025? Is Coinbase tokenized stock FTX a good investment or worth buying in 2030? Will COIN price surpass its all-time high?
Then read this article to the end.
What is Coinbase?
Coinbase is a digital asset exchange company based in San Francisco, California. It operates exchanges of Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic plus numerous others.
Coinbase is a cryptocurrency exchange with an extensive selection of digital assets.
Coinbase’s mission is to create an open financial system for the world. We believe this will be made possible by enabling people to securely buy, use, store, and accept bitcoin currency in any country.
Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam, who wanted to build the easiest way to buy and sell bitcoin.
In 2014, Coinbase opened its first office in San Francisco as well as New York City. In 2015, Coinbase raised $75 million from several investors led by Andreessen Horowitz, Union Square Ventures (USV) and Ribbit Capital.
In 2016, Coinbase was selected to participate in Y Combinator’s prestigious startup accelerator program alongside companies like Airbnb and Stripe. The company continues to work with YC on their portfolio companies today.
What is Coinbase’s market capitalization?
Coinbase market capitalization is the dollar value of all Coinbase shares that are traded publicly. This can be viewed as a measure of how much value is tied up in the company. The market capitalization is a function of the number of shares and the price per share, so this value can be adjusted for stock splits over time.
Market capitalization is a useful metric for comparing similar companies because it provides an easy way to compare their relative size. For example, if one company has a market cap of $1 billion while another has a market cap of $500 million, that means they each have half as many shares trading on their stock exchange as the other company does.
Market capitalization is extremely important when evaluating a firm’s valuation. It is gotten by multiplying the outstanding shares with the firm’s share price. Coinbase has a market capitalization of $51.13 billion according to Yahoo Finance.
Coinbase Stock Price Prediction, 2022-2023
For Coinbase Stock Price Prediction, 2022-2023,
- Coinbase’s stock price is expected to reach $79.42 in 2022.
- Coinbase’s stock price will reach $110.76 in 2023.
- Coinbase’s stock price will reach $161.28 in 2024.
A 10-year forecast is considered to be the best-case scenario for any stock, as it shows what could happen if all goes well and nothing goes wrong (or at least not too wrong). It also helps investors get an idea about what they should expect from this stock in the coming years based on historical performance data, which is useful when deciding whether or not to invest in such stocks.
Coinbase Stock Price Prediction, 2024-2025
As per our Coinbase stock price prediction, the company is expected to have a market capitalization of which the stock price will reach $161.28 in 2024 and can go up to $230 by 2025.
Coinbase Stock Price Prediction, 2025-2026
The price of COIN is expected to be $230.50 by the end of 2025 and the lowest possible at $326.04 by the end of 2026.
This means that you can earn a return of 4% on your investment if you buy Coinbase Stock today and sell it at the end of 2025, which is not bad but not great either. The risk/reward ratio is good though, so I would recommend buying Coinbase Stock now while its current price is still low.
In the next five years from 2025, the price for a single retail share of COIN will reach $1600 in 2030
The COIN price is forecasted to reach a maximum level of $1,654.82 with a minimum price of $1,439.88 at the end of 2030.
It is important to note here that COIN is a cryptocurrency and not equity security. This means that, unlike traditional stocks and bonds, its value does not depend on dividends or other earnings generated by the company itself; rather, it can appreciate based on supply and demand factors within the market as well as speculation about potential future earnings.
We know that many of you are considering investing in Coinbase. You have probably read some of the reviews and are wondering if it is a good idea or not.
We believe that the future is bright for this cryptocurrency exchange platform. We have seen other exchanges fail – but with their innovative approach combined with their years of experience in building secure platforms, they will succeed where others have failed before them.
In our opinion, COIN stock has risen nearly a lot since its IPO and could continue to rise further over time as more people learn about cryptocurrencies like Bitcoin Cash (BCH) which uses blockchain technology to transfer value between users without needing any intermediary such as banks or governments controlling it first!
Bearing in mind that an analyst’s forecast is completely impossible to be perfect, you are to invest wisely and carefully at all times.