Why Coinbase Could Double Thanks To NFTs Alone

Our Q4'21 forecast was different from the consensus, but proved to be accurate. Our Q1'22 forecast, while not as controversial, has an out of consensus element yet again.New products (Coinbase Ventures, FairX, Coinbase One, Coinbase Cloud, and most importantly the newly launched NFT platform) are adding tremendous value that is yet to be priced in correctly.Coinbase scored a big touchdown with its Super Bowl ad in Q1 and the marketing ROI; MAU implications for Q1'22 are positive.Institutional money is finally ready to invest in crypto and Coinbase will benefit as the main go-to custodian and trading platform for institutions.Now is a great time to buy Coinbase - the stock could double thanks to the NFT platform alone.