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Cryptocurrency Listings Do Not Guarantee Price Growth, Emphasize Fundamentals
Although listing on exchanges can help open up markets, it does not necessarily lead to a substantial increase in price. Personal experience from involvement in a crypto project in 2017 highlights that Tier 1 exchanges are costly and complicated to engage with. With the current climate saturated with scam projects and rug pulls, the challenge has likely intensified. Ultimately, fundamentals and genuine utility are the key issues to consider, along with additional factors.
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AI Analysis
The opinion emphasizes that while exchange listings can increase market exposure, they do not inherently lead to significant price appreciation. Historically, in 2017, even when projects were listed o...
AI Recommendation
Investors should focus on the fundamental qualities of a project, such as utility, team, technology, and transparency, rather than solely on exchange listings. While being listed on top-tier exchanges...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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