1 Monster Stock Up 340% in the Past Year to Buy and Hold Long Term

By Travis Hoium – Mar 11, 2024 at 6:00AM

NASDAQ: COIN

Coinbase Global

Market Cap

$57B

Today's Change

(5.68%) $12.71

Current Price

$236.32

Price as of April 26, 2024, 4:00 p.m. ET

Everything is going right for Coinbase right now, so the rise in shares may not be over.

Coinbase (COIN 5.68%) is up 341% over the past year as the crypto industry made a quick recovery from 2023 lows. Now, Bitcoin ETFs are one of the hottest investments and Coinbase is riding the wave.

In this video, Travis Hoium shows why Coinbase is primed for a phenomenal 2024.

*Stock prices used were end-of-day prices of March 8, 2024. The video was published on March 9, 2024.

Travis Hoium has positions in Coinbase Global and Solana. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Solana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.