$SHIB and $MATIC Among Few Coinbase Listings to Have 'Positive Post-Listing Performance' - Aliens: AI Crypto News & Markets Updates

$SHIB and $MATIC Among Few Coinbase Listings to Have 'Positive Post-Listing Performance'

Thu, Jun 30, 2022

Aliens TLDR

The meme-inspired cryptocurrency Shiba Inu ($SHIB) and a few other cryptoassets including Polygon ($MATIC) and Unifi are the few altcoins that have been listed on the Nasdaq-listed cryptocurrency exchange Coinbase in 2021 and 2022 to remain above listing price.

According to an analysis conducted by pseudonymous on-chain analyst Onchain Wizard, for 2021 and 2022 the median price performance for cryptocurrencies being listed on Coinbase is an 82% decline, with projects losing on average 72% of their value.

The analyst’s data further shows that the meme-inspired cryptocurrency has outperformed BTC by 105%, while several other coins listed on Coinbase also managed to outperform the flagship cryptocurrency.

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