| Coinbase debuted publicly Wednesday with a near-$86BB valuation. Shares rose as high as $429, for a short-lived market value of over $100BB. Yesterday, shares plummeted, closing at $322.75. This volatility is similar to what we expect to see from crypto as a whole. Meanwhile, Reddit’s favorite alt coin, Dogecoin, has been soaring this week, as has the Bitcoin family. |
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