Coinbase, founded in 2012, stands as the largest cryptocurrency ecosystem in the U.S. The platform encompasses various cryptocurrency-related services, including a leading cryptocurrency exchange, an NFT marketplace, digital asset storage, and a suite of technology products. It’s primarily known for its crypto exchange, ranking second globally in trading volume after Binance. With over 170 cryptocurrencies available, Coinbase serves more than 98 million users across 100 countries. The company’s shares are publicly listed on the NASDAQ stock exchange. Let’s explore Coin Stock Price Prediction 2025.
Key Bytez
- Value grew by 206.5% over the past year
- Current sentiment is bullish
- 18 green days in the last 30 days (60%)
- Trading at 5.3% above our forecast for next 5 days
- Fear & Greed Index indicates Fear
What is Coinbase Stock? Overview
Coinbase, a leading U.S. cryptocurrency exchange and a global trading platform, enables users to purchase, sell, and store various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Beyond its exchange service, Coinbase provides a digital wallet, a platform for professional traders, and facilitates cryptocurrency payments for merchants.
Apart from the core exchange function, Coinbase extends a range of other services, including a digital wallet, a platform for professional investors, and a system allowing merchants to accept cryptocurrency payments.
Stock Name | Coinbase Global, Inc., |
Founded In | 2012 |
Headquarters | San Francisco |
Ticker Symbol | COIN |
Country | USA (NASDAQ) |
Market Cap | $19.028 Billion |
Revenue | $3.194 Billion |
Official Website | https://www.coinbase.com/ |
Sector | Digital Asset |
Industry | Internet Software/Services |
Competitors | Binance, Gemini, Kraken and Robinhood |
Coinbase Global (NASDAQ: COIN):
Coinbase Global, operating as a prominent platform for buying and selling Bitcoin and other cryptocurrencies, has faced certain challenges amidst the complexities of the cryptocurrency world. However, despite the adversities, market trends indicate potential positive developments for Coinbase’s shares in the future. The evolving landscape is expected to see credible exchanges like Coinbase ascend, while lesser competitors fade into obscurity.
Coinbase Stock Price Forecast 2023-2024
In 2023, Coinbase commenced at $43.85. Presently, it trades at $140.20, marking a 220% increase year-to-date. The projected price by year-end 2023 is $232, marking a year-to-year growth of 429%. The rise from the current value to year-end is estimated at 65%. During the first half of 2024, the price will stabilize at $232, while the latter half is expected to see a $21 addition, closing the year at $253, reflecting an 80% surge from the present value.
COIN short-term forecast:
- Thursday, Dec 7 – $144
- Friday, Dec 8 – $148
- Monday, Dec 11 – $159
- Tuesday, Dec 12 – $162
- Wednesday, Dec 13 – $166
- Thursday, Dec 14 – $170
- December 15 – $173
- January 15 – $232
- February 15 – $232
- March 15 – $232
- April 15 – $232
- May 15 – $232
Coin Stock Price Prediction 2025
The forecast for Coinbase’s stock price in 2025 hinges on several critical factors. Notably, the company boasts a proven track record of robust financial performance, positioning itself to benefit from the escalating demand for cryptocurrencies. Additionally, Coinbase is backed by a highly experienced management team and a strong company culture, crucial for its long-term success. Moreover, the overall economic climate will play a pivotal role in determining the future trajectory of Coinbase’s stock.
The forecast for Coinbase’s stock price in 2025 relies on several key elements:
- Firstly, the company’s status as a frontrunner in the crypto industry and its consistent track record of achieving robust financial results.
- Secondly, Coinbase’s advantageous position to capitalize on the escalating interest in cryptocurrencies, with a growing number of institutional investors and mainstream businesses embracing digital assets.
- Thirdly, Coinbase boasts a seasoned management team and a resilient corporate culture, pivotal for the company’s enduring success.
- Lastly, the general economic condition will significantly influence the trajectory of Coinbase’s stock in the future.
As the first cryptocurrency platform to go public and list its shares on a stock exchange in 2021, Coinbase’s stock experienced fluctuations since its peak at around $430. Despite the volatility, analysts suggest that investing in Coinbase (COIN) stock at its lowest price could offer substantial long-term gains.
Predicted Stock Price in the Next Five Years:
Coinbase’s stock price is intricately linked to the growth trajectory of the cryptocurrency sector, influenced by factors such as active users, long-term investors, and trading volume. Recent events, like the outflow of client funds from Coinbase and other exchanges post-FTX collapse, have impacted the stock price, expected to remain tied to Bitcoin’s market cap.
What will the COIN price be in 5 years and 10 years – forecast by years
Analysts forecast the long-term price for Coinbase (COIN) to potentially reach $257.73 by 2025, $1316.77 by 2030, and $2264.9 by 2034.
Year | Price in the middle of the year | Price at the end of the year |
---|---|---|
2023 | 181 USD | 207.45 USD |
2024 | 233.9 USD | 268.08 USD |
2025 | 302.26 USD | 346.43 USD |
2026 | 390.6 USD | 447.68 USD |
2027 | 504.76 USD | 578.53 USD |
2028 | 652.29 USD | 747.61 USD |
2029 | 842.93 USD | 966.11 USD |
2030 | 1089.29 USD | 1248.48 USD |
2031 | 1407.66 USD | 1613.37 USD |
2032 | 1819.08 USD | 2084.91 USD |
2033 | 2350.74 USD | 2694.27 USD |
2034 | 3037.79 USD | 3481.72 USD |
Also read: Bitcoin Hits $44,000, for the First Time Since April 2022
The forecast for Coinbase’s stock price in 2025 remains uncertain, contingent upon various cryptocurrency market dynamics. Factors like market growth, institutional investment, regulatory changes, and economic conditions will collectively influence Coinbase’s trajectory.
Amid this uncertainty, several experts hold an optimistic view of Coinbase’s potential (COIN) to yield substantial returns in the future. The prevailing sentiment leans toward a bullish outlook for $COIN, especially post the FTX collapse, potentially positioning Coinbase as a reliable crypto exchange.