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Coinbase Market Analysis

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NASDAQ:COIN   Coinbase Global
Coinbase grabbed the headlines away this week as it had it's direct listing which opened at $381, up from $250 reference price and made it more valuable than the ICE exchange. The price is currently at $325 which is still good for a gain of $75 or 30% from the reference price. Well actually its good for those that backed the company in pre-funding rounds. You and I might be underwater after buying the open on Wednesday (not so good).

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