There is no apparent correlation in assets that have qualified for a Coinbase listing. The probability of a coin explored by Coinbase eventually getting listed is 31%. Valuations of each coin proposed for a Coinbase listing should reflect a price that accounts for an expected listing probability value of 31%. Basically, the price should appreciate to reflect what the price would be with a Coinbase listing * 0.31.
However, there is a strong variance in the price movement experienced by coins after a Coinbase listing is suggested.
This means either there are market participants:- have insider info on the listing
- are unusually confident in which coins is selected
- market is irrationally pricing the potential listing
Can you notice a correlation in the assets being selected?Detecting one would make way for valuable information asymmetry, turning the delta between (analyzed) listing EV of detected winners and broad set into an alpha
Topic: Coinbase explorations (Read 51 times)