Coinbase Stock Skyrockets 20%! Bitwise CIO Predicts It Could Be the Next Trillion-Dollar Giant
Source Tradingkey
TradingKey – Coinbase shares surged nearly 24%, catapulting its market cap to $65.4 billion and ranking it 387th globally.
On Tuesday (May 13), Coinbase (COIN)—the world’s second-largest crypto exchange—soared 25% intraday before closing up 23.97% at $256.90, fueled by its upcoming S&P 500 inclusion.
Coinbase Stock Price Chart, Source: Google.
With its market cap now at $65.4 billion, Coinbase has jumped 111 spots to become the 387th most valuable asset worldwide.
Global Asset Rankings #340-350, Source: 8marketcap.
"If I had to pick one sub-$100B company most likely to hit $1 trillion next, it'd be Coinbase," declared Matt Hougan, Bitwise’s Chief Investment Officer.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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