From Nasdaq: 2024-04-13 16:41:00

Coinbase Global (NASDAQ: COIN) appears overvalued to many investors due to its tripled stock price and high valuation. However, there are reasons to consider investing. Coinbase operates like a traditional bank, making money from transaction fees, interest, and services. The upcoming fourth halving cycle in the crypto market, along with the introduction of spot Bitcoin ETFs, could drive significant growth for Coinbase. The stock’s valuation becomes more appealing when considering these factors. Stock Advisor has identified Coinbase as a strong investment opportunity amidst other top growth stocks.

Read more at Nasdaq: 2 Reasons to Buy Coinbase Stock Like There’s No Tomorrow