The key importance of new listings/exchanges regardless of where (although volume is king) is the exponential arb opportunities with each listing. Every new listing adds an additional layer of arbing as now there will be price comparison between EX1 and EX2, but then EX1 and EX3, EX2 and EX3...and so on.
Each additional exchange increases arbing exponentially and thereby increases the burn from the arbing even OFF the exchange. This does not even take price vibrations aka, the price differential of ETH, LINK. BTC, or SNX.
This is why getting as many EX listings as possible is so important and these major EX (and minor) prioritize volume over price. The price will be there. Right now we are shaking up the soda bottle and when we the time is right in 14 weeks, the price will explode.
I have a good feeling about tomorrow as long as gas fees aren't too high
Brayden Phillips
literally a who exchange. 1mil daily volume lol. why bother
Easton Lee
ViteX? Yeah it is a tiny exchange but STA is 3 months old and normally any and all listings help. But re-read the post. Small exchanges have bigger price differentials relative to larger exchanges. By having a mix of both you create more and more arbing opportunities.
Jaxson Howard
You bet there's more coming this week.
Zachary Peterson
It's news user, why bother not sharing right?
Angel Howard
So much more. 14 weeks until $10. There are A LOT of milestones we are meeting until then and then the price will be allowed to soar.
Jacob Kelly
nearly a 100x? Why are you so confident user? I do hope you're right though.
Cooper Sanders
Yeah I keep hearing about this $10-15 in 14 weeks. Elaborate user.
