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Seeking Alpha
2022-01-25 18:33:13

Coinbase Stock Forecast: What's The Impact Of A Shift To NFTs?

Coinbase Stock Forecast: What's The Impact Of A Shift To NFTs?

Coinbase first announced in October 2021 its plans to launch an NFT marketplace.With cryptocurrency prices on the decline, it becomes even more important for COIN to diversify its revenue base.Coinbase is a Hold, as the NFT marketplace is yet to be officially launched, and there is uncertainty if this will be a success and boost its diversification efforts.

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