Recent analysis of cryptocurrency listings on major exchanges Binance and Coinbase reveals a troubling trend: exchange listings, once viewed as bullish indicators for coin prices, may no longer hold that significance. In 2024, there were 84 new listings on these platforms, but only 12 have seen an increase in value since their initial trade price. Notably, many recent listings, such as VVV, have experienced significant drops, with VVV falling by 40% from its list price. Other coins like MOODENG and MOVE have also lost substantial value post-listing. While there are exceptions, like AERO, which rose 640% after its Coinbase debut, the overall trend signals a paradigm shift. Historically, coin listings on major exchanges were celebrated milestones that boosted visibility and liquidity. However, the current sentiment suggests that market participants might soon prefer projects to avoid major exchange listings altogether, as they do not guarantee price appreciation anymore.

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