Crypto Analyst Poll Shows 20% Public Interest in Buying COIN
CoinEdition
Published Apr 13, 2021 04:59AM ET
Crypto Analyst Poll Shows 20% Public Interest in Buying COIN
- A crypto enthusiast held a poll to find interest in Coinbase’s initial public offering (IPO).
- Coinbase will list on Nasdaq using the ticker COIN.
Lark Davis, a Bitcoin investor and crypto enthusiast, got curious about the Coinbase initial public offering (IPO) in Nasdaq. This IPO will happen on April14,2021, and will carry the ticker COIN. Furthermore, the Coinbase IPO event made Lark release a survey using his personal account on Twitter.
Are you going to buy the Coinbase stock? $coin #bitcoin
— Lark Davis (@TheCryptoLark) April 13, 2021
Based on the survey’s current statistics, almost 20% of the respondents from the survey agreed to invest in COIN. On the other hand, 25% of the respondents say that they still prefer buying Bitcoin over investing in COIN.
In terms of IPO strategy, COIN will not do the traditional procedure in acquiring IPO. As a result, COIN will follow a direct listing approach and will post its shares directly on the Nasdaq stock exchange.
This technique that COIN has chosen is not commonly used by companies entering the stock market. However, COIN is confident that this technique will work due to its established popularity in the crypto market. Moreover, this event that Coinbase has been doing is a great achievement in the crypto world. Indeed, this is proof that the crypto world continues to maintain its stability despite the market
This article was first published on coinquora.com
Continue reading on CoinQuora
Get The News You Want
Written By: CoinEdition
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.