Bitcoin (BTC) $79,564.09 -1.77%
Ethereum (ETH) $2,264.37 -1.10%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 91.184254 -4.18%
Cardano (ADA) $0.27 -2.91%
Chainlink (LINK) $10.24 -1.52%
Litecoin (LTC) $57.12 -1.92%
Dash (DASH) $43.91 -6.98%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.891572 -3.28%
X-Cash (XCASH) 7.0E-6 -3.84%
Dogecoin (DOGE) $0.00 -8.62%

Cryptocurrencies: 28939

Markets: 114110

Market Cap: $2,654,938,034,536

24h Vol: $92,714,386,504

CoinGape

2022-12-20 05:30:52

Coinbase Valuations Dip Below That of Dogecoin, Is It Justified?

Coinbase Valuations Dip Below That of Dogecoin, Is It Justified?

Public-listed cryptocurrency service provider Coinbase (NASDAQ: COIN) has continued to see major value erosion this year. The COIN stock is down by 90% since its listing in April last year, ending trading at $35.17 on Tuesday. The exchange’s market capitalization is now just at $8 billion, which is $1 billion less than that of memecoin The post Coinbase Valuations Dip Below That of Dogecoin, Is It Justified? appeared first on CoinGape .

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