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/biz/ - Business & Finance


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29905732 No.29905732 [Reply] [Original]

Why do tokens get a pump when listed on coinbase?

>> No.29905772

It's the biggest US exchange

>> No.29905809

> Why does price go up when more people buy?
Is that your question?

>> No.29905837

>>29905732
Because americans have money, unlike europoors

>> No.29905853

>>29905732
insiders tend to pump a coin right before listing as they pick up stacks to dump on coinbase plebs the second trading starts. coinbase = normie liquidity to dump on
insider trading is rampant in crypto, but same thing for stocks i guess

>> No.29905907

>>29905732
It becomes more accessible to buy

>> No.29905958

>>29905732
There’s one coming on Monday :-)

>> No.29905975

>>29905837
more like they buy every trash that's listed without filtering

>> No.29906964

>>29905958
Ada?

>> No.29907009

>>29906964
Nope, probably injective protocol