What actually moves the needle when a token gets listed on a new exchange?
been watching a bunch of small/mid cap listings the past few weeks and honestly the price reaction is all over the place. some tokens pump 30-40% same day, others get listed on a "big" exchange and just... nothing. flat.
trying to figure out what actually separates the two because it's not just exchange tier like everyone assumes.
few things I've noticed:
thin order books = it gets wicked hard in both directions, doesn't matter how "major" the exchange is
if the listing leaked or got rumored a few days early, the move is already priced in by the time it's official. feels like the sweet spot is announcing close enough to the date that it's fresh news but not same-day chaos
honestly the biggest thing imo is just how far the news actually travels. if it's only on the project's own twitter, you're basically just reaching people who already hold it. the ones that pop seem to be the ones where the news actually spreads past their own community somehow
obviously market conditions matter too, a great listing during a red week just doesn't do anything
anyone here actually trade around listing events on purpose? do you play the listing day itself or is the real move actually in the days before?
