Will Coinbase Stock Hit $400 in 2022?
Coinbase Global (NASDAQ: COIN) has had a rough tumble since its initial public offering (IPO). The company came to the public markets on fire, trading at about $400, but that quickly faded. It has since fallen by more than a third from its all-time high, and now trades at about $235.
But could Coinbase rise back to its former all-time highs? The climb to $400 would be steep. However, Coinbase has made some interesting moves in cryptocurrencies and non-fungible tokens (NFT), which could allow it to grow rapidly. But just how realistic is a price like $400? Let's find out.
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Source Fool.com
