How Secondary Listings Affect Coin Pricesby@myakindv
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How Secondary Listings Affect Coin Prices

by Danil2mAugust 15th, 2019
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An additional listing on exchanges with a good volume should positively affect token prices. However, only a part of the secondary listings shows profitability or even super profitability when, in total, this is a loss-making phenomenon. Some centralized Korean and Chinese exchanges, competing with each other, have a very aggressive policy of adding coins, while earning money on manipulations, acting together. Unfortunately, a number of scam exchanges that very much manipulate volumes, such as Tokok, Bitforex, and several others, did not fall into the general sample.

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