You are viewing a single comment's thread from:
RE: Why We Need STEEM on Binance #4 | Binance Exchange Lists PIVX 1 Day Ago. PIVX Jumps 25% in Value Immediately and Sustains It During the Crypto Bloodbath
Not necessarily.
Being listed on a top exchange LATER does not ensure sustainability.
Being a sustainable coin with growth, especially as a top 20/30 coin all the last year..... DOES ensure sustainability.
Yes that is true but if it rockets up by a large amount just because of a new listing that new value isn't likely to stick around for long and most people buying just because of a new listing arent buying to hold but buying to day trade.