Cryptocurrency coin and token prices often increase right
Cryptocurrency coin and token prices often increase right after being listed on top cryptocurrency exchanges like Coinbase. This phenomenon often driven by retail investors is referred to as the "Coinbase Effect". It is the process of making a narrowly accessible asset available to a larger, liquid and widely accessible exchange and millions of potential investors.
ACCESS EXCHANGE LISTING INFORMATION BEFORE ANYONE ELSE:
To succeed you should access listing announcements before the asset pumps. To help you increase the value of your portfolio, the Pamper Me Network (PMN) now supports cryptocurrency exchange listing alerts. Sign-up for a free trial.
WHAT RETURNS CAN YOU EXPECT PRIOR TO A COINBASE LISTING?
According to Blockworks.co, in 2020 the average Coinbase listing saw a median return of more than 24% with 90% performing postively. The median return prior to listing was 7.5% and 43% for the six days between the announcement and the listing.
Chart Source: Blockworks.co
ACTIVATE YOUR ALERT SERVICE:
