Up 291% in a Year, This Hot Stock's Growth Is Just Getting Started

By Travis Hoium – May 7, 2024 at 11:29AM

NASDAQ: COIN

Coinbase Global

Market Cap

$51B

Today's Change

(4.23%) $8.43

Current Price

$207.60

Price as of May 17, 2024, 4:00 p.m. ET

Crypto is back, but it's growth on the blockchain that's most impressive.

Coinbase (COIN 4.23%) continues to be one of the hottest stocks on the market, and investors recently got an idea of where the company is seeing growth. In this video, Travis Hoium highlights the company's marketplace progress and gives an overview of why crypto trading is only a small piece of the company's upside.

*Stock prices used were end-of-day prices of April 4, 2024. The video was published on May 6, 2024.

Travis Hoium has positions in Coinbase Global. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.