jakiro
Author: Aunt Ai Source: X, @ai_9684xtpa
Coinbase has added 34 tokens to the currency listing roadmap this year, of which only 7 Memes are, accounting for 20.58%, and up to 71% of the tokens have a market value of more than US$500 million. Compared with Binance, Coinbase’s currency listingFrequency/Coin selection style/What are the differences in the effect of listing?So what about the rules of currency listing and network distribution?
1. Write it in front
Market value before announcement: Calculate market value statistics based on the closing price of the day before the tweet released the coin listing roadmap: Only the Coinbase listing situation is displayed, and the international site is not included (the international site is only for institutions outside the United States, and retail investors cannot participate.Not much reference here)
2. Time distribution
Since 2024, Coinbase has added 34 tokens to the currency listing roadmap. Among them, Memecoin’s launch is mainly concentrated after October, and 7 are intensively added. This time node is basically the same as Binance, which happens to be a sluggish and rustic copycat.As a reference, Binance has launched 14 Memecoins since October.
3. Network distribution
Compared with more than 60% of Binance’s online Memes are distributed in Solana, Coinbase’s preference for Solana is not obvious: Ethereum main network tokens account for 57%, Solana and Base each account for 28.6%, and there is also a BSC network (some tokensDeploy on two networks at the same time, so the proportion overlaps)
4. Rules of currency listing
1. The market value of online markets exceeds US$100 million, or even 71% exceeds US$500 million. At present, there is no small-cap token like Binance launched NEIRO/ACT.
2. Referring to Binance’s launch standards to a certain extent. Except for the earliest DEGEN, the rest of the Memes were launched later than Binance, and at least one month apart.
3. The attitude is relatively cautious. Except for MOODENG, a recent rookie, the other tokens launched are all “old faces”. They have been verified by the market and the community for a long time, which shows that Coinbase is conservative about launching Memecoin.
5. Horizontal comparison with Binance
Coin listing frequency: Since October, the number of Memecoin listings on Binance has been twice that of Coinbase, and the frequency is much higher.
Coin style: Binance enters the Memecoin track and its attitude should be more active and open, and will actively embrace new tokens with high popularity in the community, even if its market value is low
Coin Listing Effect: From a proportional perspective, Coinbase’s short-term coin listing effect is obviously not as good as Binance, mainly because the market value of the tokens selected by the former is already very high, and the buying stimulus brought by the positive news of the online listing is limited unless multiple positive news are superimposed.Or the cooperation of funds behind it can bring about a significant increase, such as $PEPE.
Summarize
From the perspective of pulling the market effect and enhancing liquidity, Memecoin’s launch of Coinbase is not as effective as launching Binance or Upbit, but the “brand effect of being launched by the largest compliance exchange in the United States” may bring long-tail value.Will be stronger.
