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How binance and coinbase listing strategies impact altcoin prices

Coinbase’s selective listings: Coinbase listed 34 altcoins in 2024, including 7 memecoins amounting to 20.58% of its listings. Notably, 71% of these have market values exceeding 500 million USD, reflecting Coinbase’s preference for larger tokens. This cautious approach avoids smaller market cap tokens.

Binance’s rapid listing pace: Since October, Binance has listed 14 memecoins, doubling the pace of Coinbase. Its strategy emphasizes Solana-based tokens, contrasting with Coinbase’s Ethereum preference. Binance’s open stance on listing emerging tokens, regardless of market cap, enhances its price impact.

Greater price impact by binance: Binance’s active listing policy generally leads to a more significant market impact. Its strategy surpasses Coinbase in influencing price movements, highlighting its effect on investor sentiment and market valuations, shaping trends in the evolving cryptocurrency landscape.

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