Die Notierung an Coinbase ist rentabler als die Notierung an anderen Börsen
Researchers at crypto-analytics firm Messari are convinced that listing on Coinbase affects the price of tokens much more than their listing on 6 other major exchanges.
In their report, they called this phenomenon the “Coinbase Effect”. Researcher Roberto Talamas took a close look at the impact of listing on FTX, Gemini, OKEx, Kraken, and Binance, comparing them to Coinbase data. The distribution of the cumulative profit 5 days after the coin was placed was used as an assessment indicator.
Listing on Coinbase showed the highest average return, reaching 91%, but also the widest price run - from -32% to + 645% after listing on the cryptocurrency exchange. To the consumer, this indicates at least a good five-day profitability, but at the same time it threatens with total uncertainty about the future price of the asset, even at a short distance.
Coinbase itself is preparing for a stock listing on the Nasdaq, which is scheduled for April 14. Therefore, most crypto enthusiasts expect a positive effect on the entire market against the backdrop of this event.