COIN is on an ATL and the whole posse with Celsius and now FTX takes a lot of trust from CEX and generally from the whole crypto space.
However, in stocks, and even more in crypto, decisions are taken emotionally.
We are in a full blown bear market and nobody knows when this journey is going up again. It could be that in 6 months we are again in the greens or this can go on for another 12-18 months.
Now, COIN is directly linked to the crypto space. And even if the stock market...