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Analysts: Here’s why investors shouldn’t buy Coinbase at a $100 billion valuation Analysts: Here’s why investors shouldn’t buy Coinbase at a $100 billion valuation

Analysts: Here’s why investors shouldn’t buy Coinbase at a $100 billion valuation

One research firm says crypto exchange Coinbase is severely overvalued ahead of its iconic public listing today.

A report published by market research firm New Constructs cautioned investors from piling into Coinbase’s iconic public listing at a ‘ridiculously high’ valuation.

Coinbase and $100 billion The US crypto exchange (stock ticker: COIN) is scheduled to list on the New York Stock Exchange (NYSE) later today, in a move that marks the first-ever time a major crypto business would offer its shares to the general public.

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