February 26, 2019, 1:53PM EST
• 3 min read

The 'Coinbase Effect' on token listings is fading

Quick Take

  • After Coinbase announced listing XRP, the market didn’t react as aggressively as in the past
  • After the announcement, the price jumped by 10 percent and a little less than a day later, it is only about three percent higher, the same as three days ago
  • The novelty of listing on Coinbase seems to be wearing off as the exchange is set to list hundreds of tokens

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