Coinbase Global (COIN) reference price for listing has been set at $250 by Nasdaq the exchange disclosed in a statement today. Coinbase shares changed hands at a $90 billion value in early March, Bloomberg News reported at the time, in what was one of the last chances for investors to trade its private stock before the company went public. The price the stock was trading on the Nasdaq Private Market auction was $350 / share. Often, the opening bid is almost 2xs, so COIN could trade as high as $700 tomorrow, 1 1/2xs would equal $525. So basically what I did here with this comparison chart, was to see how some of the recent IPO's / direct listings have done so far. As you can see PLTR, MTCH, ABNB, RBLX, SNOW & DASH were all flat, up or down +-10% on average the first month while price discovery took shape. Don't get me wrong, I know COIN is it's own company in it's own specific sector, but my thesis here is that there is usually, generally speaking, about a month to enter a trade into an IPO without much consequence of missing out on the very first day of trading. Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...