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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Tnoy30 on June 24, 2020, 08:25:09 AM

Title: CoinMetrics Finds the ‘Coinbase Effect’ is Actually Pretty Lame
Post by: Tnoy30 on June 24, 2020, 08:25:09 AM
CoinMetrics has found that the impact of Coinbase Pro listing announcements is overstated, producing price performances ranging from -1% to +14% over 20 days.
The fabled ‘Coinbase Effect’ has a much more limited impact on the price of newly listed coins than is popularly believed, according to CoinMetrics.
Read on: https://cointelegraph.com/news/coinmetrics-finds-the-coinbase-effect-is-actually-pretty-lame