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RE: Likely Additions to Coinbase in 2018 (Ripple, Monero, and DASH)
I wonder how this will affect the prices of these coins. A part of me thinks that this should skyrocket prices for the said cryptos seeing how Coinbase is a top player in the space. The other part of me thinks the hype could already be priced in. I jumped into XRP on the rumor that they were going to be the next coin listed on Coinbase. After the massive pump, XRP has been bleeding lower, retracing nearly 70% since the highs. Not sure if 'buy the rumor, sell the news' applies for cryptos...
Buy the rumor sell the news is the only approach for cryptos right now! Is there any data that listing on Coinbase affects demand for a coin?