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Major exchange listings are milestones for cryptocurrencies: More exposure means more potential liquidity — which should convert to higher prices.
And many times that’s the case. Compiling tokens listed by Binance and Coinbase so far this year shows that out of the 42 non-stablecoin tokens to hit either platform:
About 80% rose more than 10% at some point since their announcements.
Nearly half surged by more than 50%.
Almost 30% more than doubled.
Granted, not all of the tokens newly supported by Binance and Coinbase this year were already trading elsewhere.
Around 35% — 15 tokens — were either listed or announced to be listed on the same day as their initial launches,…
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