Coinbase Cryptocurrency Market Roundup: News If You Have Missed Any!
Coinbase Bundle Performance Tracker Reveals Sad State of Crypto Market
Coinbase puts itself as a major cryptocurrency platform and does hundreds of experiments and research to support that assertion. Recently a cryptocurrency expert, the founder of Dogecoin Jackson Palmer noticed a weird chart still running on coinbase. The particular chart in question is an old chart that shows the performance of an imaginary $100 investment in coinbase bundle.
Coinbase is a sort of fund that tracks the prices of the top 5 cryptocurrencies by market cap, listed on Coinbase. The cryptocurrency Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ethereum Classic. However not every coin performed up to expectation in the last week, month or year. The chart starts from a timeline dated at Jan 4, 2013, and turns the imaginary $100 into $12,530.18. Unfortunately, coinbase started in September 2013 so there is no way a Jan 2013 investment is possible on the Coinbase Bundle.