2022: A Bad Year for Coinbase Stock “COIN”
- COIN has fallen 87% since Coinbase went public last year, from $268.15 to $35.00.
- Coinbase froze recruiting in June and pulled job offers. As the crypto bear market continued, Coinbase laid off 1,100 workers in July.
- Coinbase is however positive about the future, turning to Twitter this week to share pictures of innovations many thought would fail, including the telephone, vehicles, and elevators.