In the five days after launching on Coinbase, new token listings gain 91% on average. But that doesn’t tell the whole story.
Crypto analytics provider Messari has compiled a report concluding that the fabled “Coinbase effect” — the popular belief that new token listings on Coinbase tend to outperform launches on other exchanges — is true.But the effect is far from consistent, and after controlling for outliers, it’s not as great as many assume.Messari analyzed the performance of 28 new Coinbase listings over five days against 22 Binance listings, 19 FTX listings, 19 Gemini listings, 14 OKEx listings, and 11 Kraken listings over the same duration.While the research found that listings on Coinbase had the highest average return at 91%, the effect was far from consistent. The 28 tokens performed anywhere from a 32% loss to a 645% gain after five days. By contrast, new tokens on other exchanges ranged from a roughly
Źródło: https://cointelegraph.com/news/messari-new-coinbase-listings-really-do-outperform-rival-exchanges
