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How does Fantom's exclusion from Coinbase affect its market value?

avatarTRUE FuglsangDec 25, 2021 · 3 years ago1 answers

What impact does Fantom's exclusion from Coinbase have on its market value and overall performance in the cryptocurrency market?

How does Fantom's exclusion from Coinbase affect its market value?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    As a representative from BYDFi, I can say that the exclusion of Fantom from Coinbase does have an impact on its market value. Coinbase is a popular exchange and being listed there can significantly increase a coin's visibility and trading volume. However, it's important to note that there are other exchanges where Fantom is listed, and the coin's market value is not solely dependent on Coinbase. Fantom's performance in the cryptocurrency market is influenced by various factors such as its technology, partnerships, and overall market conditions. While the exclusion from Coinbase may have a short-term impact, it doesn't necessarily define the long-term potential of Fantom.