Cryptocurrency Is Here To Stay And So Is Coinbase

SourceYahoo News
SectorFinancial Markets
CountryMiddle east

Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.Vandita JadejaJuly 16, 2021, 7:00 AM·3 min readIn this article: Oops!Something went wrong.Please try again later.Oops!Something went wrong.Please try again later.

The largest U.S. cryptocurrency exchange, Coinbase (NASDAQ:COIN) stock has become a familiar name today. Majority new investors in Bitcoin (CCC:BTC-USD) use Coinbase.

The company went public via a direct listing in April.

The Coinbase (COIN) logo on a smartphone screen with a BTC token.

Source: Primakov / Shutterstock.com

COIN stock was as high as $342 in April and is currently exchanging hands close to $225. This is a good entry point for investors. I am bullish on COIN stock and believe it will go higher in the coming months.

With that in mind, let’s take a look at the two catalysts driving the growth of COIN stock.

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High Growth Prospects

A huge reason to consider COIN stock is the massive growth prospects. The world has recognized the...read more...