Coinbase's Slump to All-Time Low Sends Market Cap Below Dogecoin

Shares of Coinbase (COIN) hit a fresh all-time low on Tuesday, which earlier dipped to as low as $34.35. Continuing declines for the stock have driven Coinbase's market cap to less than $8 billion versus roughly $10 billion for dogecoin (DOGE).

Shares of Coinbase are down just shy of 86% year to date and off 91% from their all-time high hit shortly after going public in April 2021.