Coinbase Maxi
1072 Followers
Everyone still on base now, I love you all.
Considering switching to @baseapp.base.eth permanently and exclusively since CT is getting more retarded everyday. Feeling retardation sickness might be a little contagious, leave before I also get infected?
one of the best creator on base, check out his work.
In the last 24H: Coinbase Spot market volume: 2.5b Top 4 Perp market volume: 27.3b consist of 12b(binance), 4.3b(OKX), 7.8b (bybit), 3.2b (bitget) Coinbase perp: 600m (2% of 27.3b) Coinbase still has 98% of remaining market share to be gobbled up. eTf iS kILliNg cOinBAse
GM, $COIN and $FCKN eat first. Finished my Q1 earnings projection. 1.576b Rev 4.16 EPS Hope you guys own $COIN and fried chicken dinner for those who own coinbase shares.
Ran the number again, did a sensitivity test on retail volume and take rate. Hopefully this gives you guys a reasonable range to work with $COIN 1Q earning preview 1.) assumed 218.5B spot volume 2.) staking revenue up 40% from $ETH 3.) 42B perp volume 4.) custody revenue up 35% GMGM
Previously I estimated 4Q earnings to be $1.06B and $0.44EPS. This excludes impact of crypto accounting rule change which adds about 500M to unrealized gain on crypto asset that Coinbase held. Well how much is $500m? $2.10 per shares. They don’t have to adopt this right away. $COIN