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Market Cap:
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Coinpedia
2023-05-19 10:42:38

Coinbase is Highly Undervalued if Crypto is Here to Stay, John Deaton Asserts

Coinbase is Highly Undervalued if Crypto is Here to Stay, John Deaton Asserts

The post Coinbase is Highly Undervalued if Crypto is Here to Stay, John Deaton Asserts appeared first on Coinpedia Fintech News Coinbase Global Inc. (NASDAQ: COIN), a leading cryptocurrency exchange with cash reserves exceeding $5.32 billion as of Q1 2023, has witnessed a remarkable rally in its stock market, surging over 72 percent year-to-date (YTD) to trade at approximately $61.21 on Thursday. This surge in first-quarter profits can primarily be attributed to the increasing market share …

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