Crypto investor Will Clemente has suggested that the value of Coinbase stock could rise sevenfold from current levels to $400 billion. Coinbase is one of the largest centralized crypto exchanges, along with market players such as Binance, Bybit and Kraken. However, although COIN stock has been on the rise since January 2023, the company's shares are 30% below where they traded after the IPO. Clemente noted that there is potential for shares to rise to $1,700 by the end of the crypto cycle. 📈#Coinbase#Cryptocurrency

According to Clemente, COIN's bullish potential depends on a sharp US regulatory change. If such an outcome occurs, Coinbase would be in a strategic position as America's leading crypto exchange. This is supported by the US government's use of the platform as the digital asset brokerage service of choice.

Ultimately, it may depend on who will be sitting in the White House in 2025; A Democrat like current President Joe Biden, who is taking a cautious crypto approach, or leading Republican candidate Donald Trump, who is positioning himself as a pro-crypto candidate.#USA#CryptoRegulations