‘Binance Effect’ Means 41% Price Spike for Newly Listed Tokens

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‘Binance Effect’ Means 41% Price Spike for Newly Listed Tokens

While among major exchanges only Coinbase listings had a statistically significant effect on price right after listing back in early 2021, “now that liquidity has concentrated more into Binance’s exchange, it’s possible their asset listing will have a higher effect on price,” Talamas told CoinDesk in an email. www.coindesk.com

While among major exchanges only Coinbase listings had a statistically significant effect on price right after listing back in early 2021, “now that liquidity has concentrated more into Binance’s exchange, it’s possible their asset listing will have a higher effect on price,” Talamas told CoinDesk in an email.

www.coindesk.com