ETH - Better Buy: Coinbase vs. Ethereum
2023-03-18 06:15:00 ET
The crypto winter has crushed valuations for tokens and companies that operate trading exchanges. Ethereum 's (CRYPTO: ETH) price has fallen roughly 65% from it's record high set in November 2021. Meanwhile, leading exchange-services provider Coinbase Global (NASDAQ: COIN) has seen its valuation plummet 81% from its peak.
Would investors be better off putting their money behind the leading Layer-1 blockchain services provider's ether token or buying Coinbase stock based on today's pricing levels? Read on to see why two Motley Fool contributors have differing takes on which looks like the better investment right now.
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Better Buy: Coinbase vs. Ethereum