💡Are Crypto Exchange Listings Still Bullish for Solana Ecosystem Tokens?
Recent data suggests that listings on centralized exchanges (CEXs) might not be the strong positive catalyst they once were. When new cryptocurrencies start gaining attention, rumors about potential listings on major exchanges like Binance or Coinbase often generate significant excitement.
💬Historically, having assets listed on a CEX meant increased liquidity and visibility, making such listings one of the most bullish price drivers in the crypto industry.However, the current market cycle indicates that this trend may be changing.Analyzing Exchange Listings in the Solana Ecosystem
To better understand the impact of exchange listings, SolanaFloor gathered data on the price movements of key assets within the Solana ecosystem during this cycle, focusing on their most notable exchange listings.
The data points collected included:
*Current asset price
*Asset price on the day of listing
*Highest price recorded after listing
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