We examined over 4,800 data points to uncover the performance of tokens post-listing on major centralized exchanges: Binance, ByBit, OKX, KuCoin, Coinbase, Gate.io, and MEXC.
There's a belief that bigger exchanges lead to better price action on launch. Is that really the case or is it a misconception?
We ran statistical analysis to reveal the real impact of exchange listings on token price performance.
Report: https://docsend.com/view/xrmxc5ybb5wic9ug
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In our report, we chose tokens that were listed on all 7 exchanges to the best of our ability (number of these tokens listed per exchange in the table). The chart shows the mean price performance of the tokens after listing on each respective exchange.
Report: https://docsend.com/view/xrmxc5ybb5wic9ug
Pg. 6-9: Methodology and limitations of the study.
Report: https://docsend.com/view/xrmxc5ybb5wic9ug
Pg. 6-9: Methodology and limitations of the study.
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$APE launched on all 7 exchanges on the same day, with differences in the highs reached by the first daily candle even on the 4 exchanges that listed at $1.00. Currently, our assumption is this is due to differences in liquidity and market maker strategies. More research is underway.
Full report: https://docsend.com/view/xrmxc5ybb5wic9ug
Pg. 56: you can find this chart and deeper analysis.
Full report: https://docsend.com/view/xrmxc5ybb5wic9ug
Pg. 56: you can find this chart and deeper analysis.
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After listing on Coinbase, most tokens don't go up in price by any significant amount. This is because Coinbase lists later to other exchanges, meaning higher listing prices and more liquidity. Regardless, a Coinbase listing is unlikely to pump your price.
Full report: https://docsend.com/view/xrmxc5ybb5wic9ug
Pg. 35: you can find this chart and deeper analysis.
Full report: https://docsend.com/view/xrmxc5ybb5wic9ug
Pg. 35: you can find this chart and deeper analysis.
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According to Docsend, the exchange comparison section was very popular. So, for ease, feel free to check out this 5-page extract, which only features the exchanges compared against each other.
Report: https://docsend.com/view/7i643ye9yzfqx6zs
Report: https://docsend.com/view/7i643ye9yzfqx6zs
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Real Look at Listings: Charts Only
We took all the charts from our report and put them into this 20 page summary, with the hottest stuff at the start. This one should be easily digestible 🤝
Report: https://docsend.com/view/z8uwdvpch8fusjz5
We took all the charts from our report and put them into this 20 page summary, with the hottest stuff at the start. This one should be easily digestible 🤝
Report: https://docsend.com/view/z8uwdvpch8fusjz5
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Polkadot just launched Agile Coretime, revamping how projects scale and use resources in the Polkadot 2.0 ecosystem.
Do you think the move to Polkadot 2.0 will give $DOT a shot at being top 10 coin by market cap?
Do you think the move to Polkadot 2.0 will give $DOT a shot at being top 10 coin by market cap?
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Crypto is volatile, but our dedication to simplicity remains unshakeable. Thus, to further align our brand with our vision of elegance and professionalism, we have revamped our services, assets, and website.
🌍 You can find our client examples, updated services, and more on: www.simplicitygroup.xyz
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1️⃣ Let's do some quick maths:
• You're a new NFT marketplace on an unlaunched chain.
• You want to sell 5,000 Access Tier NFTs at $250 each.
• You charge 5% fees on transactions.
• You give 20% of that fee to NFT holders.
How much volume would you need to have in order to make your NFT buyers profitable?
$125M.
That's more than Opensea in the last 3 months, with a volume of $122.9M.
2️⃣ Now, let's do a quick thought experiment:
What do you think will happen when these NFT buyers realise it will take them ∞ months to become profitable?
You'll drown in FUD.
Token ⤵️
Reputation ⤵️
Your future ⤵️
Regulators 👊🚪
• You're a new NFT marketplace on an unlaunched chain.
• You want to sell 5,000 Access Tier NFTs at $250 each.
• You charge 5% fees on transactions.
• You give 20% of that fee to NFT holders.
How much volume would you need to have in order to make your NFT buyers profitable?
$125M.
That's more than Opensea in the last 3 months, with a volume of $122.9M.
2️⃣ Now, let's do a quick thought experiment:
What do you think will happen when these NFT buyers realise it will take them ∞ months to become profitable?
You'll drown in FUD.
Token ⤵️
Reputation ⤵️
Your future ⤵️
Regulators 👊🚪
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