{"id":33944,"date":"2025-06-26T21:46:52","date_gmt":"2025-06-26T21:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33944"},"modified":"2025-06-26T21:46:52","modified_gmt":"2025-06-26T21:46:52","slug":"coinbase-comes-full-circle-soars-to-highest-price-since-2021-nasdaq-debut","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33944","title":{"rendered":"Coinbase Comes Full Circle, Soars to Highest Price Since 2021 Nasdaq Debut"},"content":{"rendered":"
\n

Shares of crypto exchange Coinbase (COIN) climbed to their highest level since its April 2021 Nasdaq debut on Thursday, bringing the stock nearly full circle after plunging more than 90% during the depths of 2022’s crypto winter.<\/p>\n

COIN hit $382 Thursday before paring some of the gains and closed higher by 5.5%. The stock’s more than doubled since plunging alongside April’s tariff-induced market panic.<\/p>\n

Coinbase\u2019s 2021 listing marked a watershed moment for the digital asset industry, but also signaled a peak in crypto. The stock rose as high as $382 before sliding over 90% amid the prolonged 2022 bear market.<\/p>\n

Now, investors are increasingly positioning Coinbase as a long-term winner in the next phase of crypto growth, defined by rising stablecoin adoption, institutional participation and increasing U.S. regulatory clarity.<\/p>\n

The company recently launched<\/a> Coinbase Payments, a new service aimed at expanding the exchange\u2019s footprint in global commerce. Built on Coinbase\u2019s Ethereum layer-2 network, Base, the platform allows merchants to accept 24\/7 USDC stablecoin payments without needing blockchain expertise. It already integrates with platforms like Shopify, the company said.<\/p>\n

Coinbase also benefits from the rapidly-growing stablecoin sector, having a revenue-sharing agreement with Circle<\/a> (CRCL), issuer of the USDC stablecoin, giving it a cut of the yield generated by reserve assets.<\/p>\n

The broader backdrop is supportive as well. The S&P500 and Nasdaq equity indexes notch record highs, and crypto-related businesses such as Robinhood (HOOD) has also enjoyed renewed investor interest.<\/p>\n

Some analysts expect further upside.<\/p>\n

Benchmark raised<\/a> its price target to $421 on COIN, saying the company is well positioned to capitalize on potential U.S. legislation, including bills to regulate stablecoins and digital asset market structure.<\/p>\n

Meanwhile, Bernstein set<\/a> a more ambitious $510 target, calling Coinbase crypto\u2019s emerging “universal bank,” bridging retail users, institutional investors and on-chain infrastructure at global scale.<\/p>\n

Read more: Coinbase Is the Most Misunderstood Business in Crypto, Says Analyst With Highest Wall Street Price Target<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Shares of crypto exchange Coinbase (COIN) climbed to their highest level since its April 2021 Nasdaq debut on Thursday, bringing the stock nearly full circle after plunging more than 90% during the depths of 2022’s crypto winter. COIN hit $382 Thursday before paring some of the gains and closed higher by 5.5%. The stock’s more […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33944","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33944"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33944\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}