Major exchange listings may not be so bullish after all

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The Big Leagues

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. I spent the morning going over new listings on Binance and Coinbase so far this year, and I found 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…

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