Does a listing on CoinBase ever cause a coin to drop? If so why?
- Thread starter jamie3000
- Start date
- Feb 12, 2018
- 5,179
- 6,121
I have never heard something like this happen, if anything, a new listing would push the coin up.
What could happen is when people buy the hype and sell right after the listing announcement, this does happen often but getting listed on Coinbase won't drop the price. (unless there is some shenanigan going on that I am not aware of)
What could happen is when people buy the hype and sell right after the listing announcement, this does happen often but getting listed on Coinbase won't drop the price. (unless there is some shenanigan going on that I am not aware of)
- Apr 27, 2016
- 5,668
- 2,356
It is normal if you see a price drop after listing.
- Jun 30, 2014
- 9,315
- 4,997
Do you know why?
- Jun 30, 2014
- 9,315
- 4,997
I have seen a few where the price drops after a listing but all I can think is there are other pricing factors that influence some shitcoins more than a binance listing. Or maybe a set of combined factors.
- Jun 15, 2019
- 7,448
- 3,777
News comes out about their listing - Traders/Discord crypto users/telegram crypto users buy before the listing and sell huge amount when they get listed. This results in price Drop.
- Jun 30, 2014
- 9,315
- 4,997
You mean they have inside info?
- Jun 15, 2019
- 7,448
- 3,777
Naah They just have fast hands. And Discord users who are active. So it's just when news gets out they all collectively buy few days before listing. And Sell when it gets listed.