Initial listings are usually an exciting time for investors or traders; if they aren’t keen on the opening price, they are anticipating a surge or other reasons to be exhilarated.
How much can these expectations be impacted by the listing exchange? Below are my few observations:
-Increased accessibility and liquidity–Listing on a major exchange raises the accessibility and liquidity of tokens, ultimately driving demand and price.
-Purchasing frenzy – Traders and investors often embrace newly listed tokens with the hopes of profiting from their short-term price surge in the first few hours/days after listing.
-The impact of Promotion– Token price trajectory is usually affected by the hype around new listings, this is triggered more when leading exchanges promote or announce the listing of a new token.
Summarily exchanges significantly impact the performance of newly listed tokens, although this may vary in tokens or exchanges.
As a trader or investor, can you relate to these findings?
I agree to you, but social media plays a big role in this. Sometimes people just bought a token because some pages posted that "soon" they will get listed to tier 1 exchanges but they don't. But yes big names has a role as well it is just that social media is just a medium for it, some people always follows new tokens that are just listed and then make a day trading to that token or coin.
Not only having those wrong presumptions on getting listed on which these kind of advertisement should really be banned or be prohibited on spreading up some fake news but knowing that social media platform
on which tons of people could potentially post out some fake news or information for the sake of decieving new investors then it would be most likely to happen and this is something that investors should really be careful about on what they are seeing specially on social media on which it isnt really that true or real most of the time and mostly it would really be just been post up on building up some hype.
Cant really be denied that they would really be focusing on these social media platforms knowing that the traffic is really that immense on which whether those information would really be real or not
then it would be easily making out that kind of awareness on which it might be resulting into those kind of impact.
How much more if we do speak about top tier exchange listing? It would really be creating such hype and would really be making out such impact in terms of price as people would
really be trying out to buy even more and would really be not liking to missing out the upcoming pump.