According to the recent “2024 Exchange Listing Effect Research Report” released by Klein Labs, major cryptocurrency exchanges such as Binance, KuCoin, and Bithumb are shaping the dynamics of new coin listings. Binance has distinguished itself with its stringent listing criteria, resulting in an impressive average price surge of 58% for newly listed assets within their inaugural month. This statistic illustrates the exchange’s robust market credibility and investor confidence.
On another front, KuCoin’s strategy of frequent new listings and active mining features has created lucrative opportunities for small-cap cryptocurrencies, capturing the interest of a diverse investor base. Meanwhile, Bithumb has witnessed a substantial increase in trading volume for domestic projects, with figures rising by 3 to 5 times, largely due to the “Korean Wave” effect, which highlights the exchange’s strong regional influence.
The report emphasizes that an exchange’s listing strategy and market positioning profoundly affect the performance trajectories of new coins, urging investors to consider the unique attributes of each platform for informed investment choices.