The article discusses the impact of major exchange listings on the prices of cryptocurrencies. It notes that while listing on platforms like Binance and Coinbase can provide exposure and potential liquidity for cryptocurrencies, it does not guarantee sustained price increases. The analysis of tokens listed on these platforms this year shows that only a small percentage of them have gained value since their listing. Many tokens have experienced negative returns, with over half of them losing more than 45% of their value. The article suggests that timing and market conditions, particularly in relation to Bitcoin's price, may play a role in the poor performance of some listed tokens. However, it also highlights a few success stories, where tokens experienced significant price increases following their listing. The overall conclusion is that major listings can lead to short-term price bumps but achieving sustained growth is challenging.
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