Author: Ai Aunt Source: X, @ai_9684xtpa
Coinbase has added a total of 34 tokens to the On the currency listing roadmap, there are only 7 Memes, accounting for 20.58%, and as many as 71% of the tokens have a market value of more than 500 million US dollars. Compared with Binance, Coinbase’s currency listing frequency / What are the differences in coin selection styles/coin listing effects? What about the currency listing rules and network distribution?
1. Write in frontMarket value before announcement: to tweet the currency listing roadmap Calculation of market capitalization statistics based on the closing price of the previous day: only the listing status of Coinbase is shown, and the international station is not included (the international station is only for institutions outside the United States, and retail investors cannot participate, so the reference here is of little significance)
2. Time distributionCoinbase has added a total of 34 tokens to the currency listing roadmap since 2024. Among them, Memecoin’s listing is mainly concentrated after October, with 7 being listed intensively. This time node is basically consistent with Binance, and it happens to be As a reference, Binance has launched a total of 14 Memecoins since October.
3. Network DistributionCompared to Binance, more than 60% of the online memes are distributed in Solana, Coinbase’s preference for Solana is not obvious: Ethereum mainnet token Accounting for 57%, Solana and Base each account for 28.6%, and there is also a BSC network (some tokens are deployed on both networks at the same time, so the proportions overlap)
4. Token listing rules1. The market value of all listings exceeds 100 million US dollars, and 71% even exceeds 500 million US dollars. At present, it seems that there is no such small market value token like NEIRO / ACT listed on Binance p>
2. To a certain extent, it refers to Binance’s listing standards. Except for the earliest DEGEN, the other Memes were launched later than Binance, and at least one month apart
3. The attitude is relatively cautious. Except for MOODENG, which is a recent newcomer, the other online tokens are "old faces" and have been verified by the market and community.For quite some time, it shows that Coinbase is conservative about launching Memecoin.
5. Horizontal comparison with BinanceCoin listing frequency: Since October, the number of Memecoins listed on Binance is twice that of Coinbase, and the frequency is much higher< /p>
Coin listing style: Binance’s attitude towards entering the Memecoin track is obviously more positive and open, and it will actively embrace new tokens that are popular in the community, even if their market value Lower
Token listing effect: From a proportional point of view, Coinbase’s short-term listing effect is obviously inferior to that of Binance, mainly because the market value of the tokens selected by the former is already very high, and the buying stimulus brought by the listing benefits is limited unless The combination of multiple positive factors or the coordination of funds behind them can bring about significant gains, such as $PEPE.
SummaryFrom the perspective of pull-up effect and enhanced liquidity, Memecoin’s listing on Coinbase is not as effective as listing on Binance or Upbit. "The brand effect of compliant exchanges going online" may bring stronger long-tail value.