Original | Odaily Planet Daily (@OdailyChina)

Author｜Nan Zhi (@Assassin_Malvo)

Since its listing on Binance, Nerio (lowercase) has gained more than 20 times, which not only shows the listing effect of Binance, but also breaks the impression that Binance has been falling since the listing of VC coins. If listing on CEX is regarded as the ultimate goal and benefit, which sectors' tokens have the most advantages? What is the listing effect of the top exchanges? Odaily will sort out the listing situation of the top exchanges since August 1 in this article, and try to answer the above questions.

What coins are listed on the exchange?

This article summarizes the listing announcements of the following exchanges:

  • Binance, excluding coin-based markets such as SUI;

  • OKX, excluding pre-market;

  • Upbit, including KRW, BTC and USDT markets

  • Bybit；

  • Coinbase International Exchange, only for contracts

The result is shown in the figure below:

The conclusion is as follows:

  • The only sector that can be listed on all exchanges at the same time is Meme;

  • The second largest exchange covered by the TON ecosystem, with only Coinbase not touching this sector at all;

  • In terms of frequency of occurrence, the top few are old coins (34.2%), Meme (23.6%), TON (11.8%), and chain games (5.3%);

  • Each CEX usually does not list the same coins repeatedly within a short period of time. Non-first listing coins will be considered several months after other CEXs go online, with the main policy of “not taking over from each other”.

The effect of listing coins on top exchanges

As we all know, listing on Binance and Upbit usually leads to a short-term surge, but how high can it rise in the short term? Can it maintain this trend in the medium and long term?

Odaily has compiled statistics on non-TGE listings on Binance and Upbit. The starting price is the opening price of the 4H K-line where the listing announcement is made. The increase affected by the announcement is based on the closing price of the same K-line. The price at 14:00 on September 18 is taken as the current market value.

The results are as follows:

  • First of all, from the perspective of the increase, the differences among tokens are very large. The larger the market value, the smaller the increase. For example, PEPE, which has the largest market value, has only increased by 6%, while Neiro and UXLINK, which have the smallest market value, have increased by 1264% and 101% respectively.

  • From the perspective of the net growth of market value, the differences between tokens are still very large. The more popular the token is and the wider the audience is, the greater the net growth of market value is. For example, Meme tokens are the sector with the largest growth, among which PEPE, POPCAT, and Neiro, which have the strongest "community" attributes, are ranked in the top three, while ATH (Aethir) is mainly toC, and BIGTIME is mainly participated by studios, with a relatively small audience, so the growth is not large.

  • The average market capitalization growth of new coins on the two exchanges was USD 78 million and USD 70 million respectively. Readers can refer to this market capitalization when new coins are listed in the future to consider whether to participate in short-term speculation.

  • Among the five tokens launched by the two leading exchanges in August, the market value of three tokens is already lower than before listing (BRETT, PEPE, ATH), and the other two tokens POPCAT and PENDLE have also fallen to a certain extent, indicating that the listing effect of the leading exchanges is not lasting and cannot become the fundamental driving force for long-term growth. After experiencing a short-term FOMO, they will often fall back to their original position.