Base Network Creator Sees Memes as “One of the Biggest Drivers” in Onboarding Users [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
He expressed excitement about the proliferation of memes on Base, the layer-2 network associated with Coinbase, and their potential to bring more people into the world of blockchain. Since March, the total value locked (TVL) on Base Network has tripled, showcasing its increasing popularity and adoption. The growth of memecoins and transactions on Base Network experienced a significant surge following the Ethereum Dencun upgrade in mid-March, which led to reduced fees on layer-2 networks. As a result, the TVL on Base Network has soared by nearly 250% since the beginning of March, reaching an all-time high of $1.61 billion on April 21, according to DefiLlama. Pollak highlighted that apart from speculation, memecoin creators on Base Network have devised various strategies to onboard individuals into their communities. This has resulted in a proliferation of experiments aimed at expanding their culture and attracting more users. Pollak expressed strong conviction that memes would be
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Coinbase Falls Despite Q1 Earnings Beat: ETFs in Focus [Yahoo! Finance]Yahoo! Finance
- Bitcoin's Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says [Yahoo! Finance]Yahoo! Finance
- Martin Shkreli Gets Scammed in Crypto Venture by Old Prison Friend, 'Don't Start Crypto Ventures With People You Meet in Prison [Yahoo! Finance]Yahoo! Finance
- Coinbase knocked Q1 earnings out of the park—now comes the hard part [Fortune]Fortune
- Coinbase Global, Inc. (NASDAQ: COIN) had its price target raised by analysts at Wedbush from $200.00 to $250.00. They now have an "outperform" rating on the stock.MarketBeat
COIN
Earnings
- 5/2/24 - Beat
COIN
Sec Filings
- 5/2/24 - Form 4
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- COIN's page on the SEC website