I just saw the news that Wall Street analysts are lowering their price targets for Coinbase because Q4 disappointed. So they expected higher revenue or adoption rate, but it missed. When you do the math, their valuation now is much more conservative than before—like a 28 times multiple of realized earnings is considered fair. It's interesting because Coinbase, as the largest crypto platform in the US, should be more stable. But yeah, market sentiment changes very quickly when earnings are poor. What do you think? Do you still trust the big platforms or are you starting to look at alternatives?

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