Coinbase stock plunged to an all-time low today. The release of the beta version of the long-developed NTF marketplace has had a negative rather than a positive impact on Coinbase stocks. Four days after the beta launch of the NFT market, the COIN share price dropped to an all-time low of $131.32.
Coinbase's NFT Plans
Developing the NFT marketplace since October 2021, Coinbase has more than 1.5 million users willing to test this marketplace. The beta launch of the NFT social network took place on April 20.
