NasdaqGM:CNCKCapital Markets
Coincheck Group (CNCK): Assessing Valuation as Trading Volumes Fall but Verified Users Keep Rising
Recent data showing a sharp drop in trading volume but steady growth in verified accounts at Coincheck Group (CNCK) has investors rethinking how this crypto exchange makes money and where future growth might come from.
See our latest analysis for Coincheck Group.
Despite the weak year to date share price return and a 1 year total shareholder return of around minus 49 percent, the recent 7 day share price return of roughly 103 percent and 30 day gain near 78 percent suggest momentum is...