COIN - This Little-Known Fact Is Why I'm Buying Coinbase Hand Over Fist
2024-07-11 04:43:00 ET
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.
Image source: Getty Images.
For further details see:
This Little-Known Fact Is Why I'm Buying Coinbase Hand Over Fist