Recent discussions surrounding Coinbase's listing practices highlight a shift in market perception regarding the impact of new coin listings. Observers noted that a Coinbase listing no longer guarantees significant price increases, as evidenced by the past performance of tokens such as $PEPE, which saw its market cap rise from $5 billion to over $11 billion in hours following its listing. However, current sentiment suggests that the excitement around new listings has diminished, with some experts advising caution, especially regarding the 'Coinbase listing effect.' Additionally, there are calls for Coinbase to prioritize listings of coins with established teams and long-term visions, rather than focusing on speculative assets. The ongoing debate reflects concerns about the overall market dynamics and the risks associated with new token launches.