Almost 2 Years Ago
2 Min Read

COIN surging 11% today. A closer look at the stock:



Coinbase Global Inc (COIN) is trading 11% higher at $57.32 today.
Coinbase Global Inc has been trading between a 52-week high of $368.9 and a 52-week low of $40.83. The stock has a market cap of $15 Billion.

Headlines


Bitcoin Whale Just Transferred $41M BTC From Coinbase To Gemini
Benzinga 07-07-22

Coinbase Global, Inc. (NASDAQ:COIN) Investor Alert: Investigation Concerning Potential Securities Laws Violations
SBWire 07-07-22

Why Shares of Coinbase, Silvergate Capital, and MicroStrategy Incorporated Are Rising This Week
The Motley Fool 07-07-22

Three Months in, Coinbase NFT Has Been a Disaster
Crypto Briefing 07-07-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse:

MemesGamingInc - 9 upvotes - source
The doge millionaire he fucking retarded he got famous because he maxed out credit, took a bank loan and yolo'd his savings into it at 4 cents and thought it would be a long career on yt because of it but he channel fucking die lmao, fucking retard graham told him to sell at 2.9m for the second time he showed up, the 1st was at 1.8m but he hold it. This dude thought elon was going to shill a poo coin on national tv and all smart money knew that and rugged that shit, he's probally thinking if he should go to the hardware store to buy some rope. He actually thought doge would get to 1$ ![img](emote|t5_2th52|4271)

Bad_Driver69 - 9 upvotes - source
Just flipped a coin, markets will be green tomorrow

daniel9473 - 8 upvotes - source
Buying elon sprem coin because its clearly going places

ElvanKing - 8 upvotes - source
If COIN failed at an NFT marketplace, you can jolly well bet that there'll only be about 3 JPEGs listed on GME's NFT marketplace

TrophyWifeAspiration - 6 upvotes - source
Why would Cathie buy $12M in COIN shares right now when she could wait a few weeks for their earnings when they’ll need to discuss mass layoffs and likelihood of insolvency?

Dreamearth - 5 upvotes - source
On the twelfth day of Muskmas dear Elon gave to me Twelve emeralds sparkling Eleven unions busting Ten borers boring Nine children hiding Eight rockets launching Seven Starlinks soaring Six Teslas charging Five Doge Coin tweets Four gala suits Three armed guards Two new born babes And a big doobie from Joe Rogan

nerpthederp - 4 upvotes - source
"I had no clue who she was, I took photos with probably 200 people I've never heard of at that event." That's reasonable. "I was photobombed!" No, motherfucker, if you're a known person at an event you're never fucking photobombed... that's what you're fucking there for. So either Musk doesn't know what the fuck "photobomb" means which is possible because he's clearly a dumbfuck OR he's completely fucking lying and is a pedo piece of shit. Flip a coin.

BarryBearerson - 3 upvotes - source
Quick! buy into the gamestop amc coin wayfair rally! Totally legit!

luckymaniac123 - 3 upvotes - source
Options. SPY and Coin. Half in Crypto.

gayforgoblin - 3 upvotes - source
Is COIN stock a good long term investment?