COIN $290 Price Target
I believe that crypto will have a role in reshaping global finance. I also think that Coinbase is well-positioned to grab a piece of that emerging market. the institutional trading volume more than doubles retail trading in COIN’s most recent quarter, which reinforces what I noted in the past regarding the importance of institutional adoption. Companies increasingly are trying to develop products and services in crypto and also need blockchain infrastructure. Companies may need to connect to a blockchain network, read from and write to a blockchain. To help service that need COIN has purchased Bison Trials which makes it easier for people to build on the ecosystem. COIN is much more than a crypto play. I believe we are able to hold this $250 support and trade higher over the next couple weeks. My price target is $290
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