Skip to main content

Coinbase (COIN) Sliding 62% A Year After Cramer’s Sketchy PARC Basket πŸ•·οΈπŸ–€

Nearly one year back Jim Cramer tossed Palantir PLTR Applovin APP Robinhood HOOD and Coinbase COIN into his PARC collection on Mad Money. Three of the four have now slipped or stayed flat while momentum cooled off πŸ–€

PARC Performance Check Leaves Coinbase Trailing Hard πŸ“‰

Cramer introduced PARC on July 14 2025 lumping the names together as retail favorites running on pure hype with no limits. He split the market into the S&P 500 and this group riding momentum alone.
A June 29 2026 post from market watcher Heisenberg laid out the numbers showing Coinbase dropped hardest since then with a 62 percent slide.
Yahoo Finance data puts the 52 week range for COIN between 139 and 444 with price now hovering near 149 far from earlier highs. Donald Trump listed COIN purchases from January through March in his May disclosure though third parties handled the actual trades.
Palantir sits down about 25 percent from the acronym date and roughly 40 percent for 2026 so far with its 52 week peak near 207 and current level around 113.
Robinhood holds basically flat which feels like a small positive compared to the drops elsewhere. The firm just closed its 180 million WonderFi buy and now serves well over 1 million funded international accounts yet shares have not reacted much.
Applovin stands alone with a 34 percent gain since PARC debuted though its price near 477 still trails the yearly high of 745.

PARC Sliding Into a Darker Meme πŸ’€

Back in 2025 Cramer picked PARC over the alternate CARP option. Some online voices floated CRAP instead and one year on that label feels oddly fitting after the moves. Analyst Shanaka Anslem Perera noted the shift in a post on X:

The acronym arrived at the precise moment conviction in these names ran hottest and the year that followed turned a throwaway joke into a price chart. CRAP was never an insult. It was the forecast written a year early.


Just another echo from the void by iconofsin.eth πŸ’–


Leave a Reply