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Jan 31, 02:16 PM
Coinbase Lists $VVV Cryptocurrency Within 24 Hours of Launch, Insider Selling Tens of Millions Raises Concerns
Memecoin
Markets
Regulation
Crypto

Coinbase Lists $VVV Cryptocurrency Within 24 Hours of Launch, Insider Selling Tens of Millions Raises Concerns

Authors
  • JAKE
  • DeeZe ⛳🏌️‍♂️
  • Beanie
7

Coinbase has recently listed a new cryptocurrency, $VVV, less than 24 hours after its launch, raising eyebrows in the crypto community. Observers note that such rapid listings were once considered significant catalysts for tokens, citing past examples like $PEPE, which saw its market cap surge from $5 billion to over $11 billion following its Coinbase listing. However, the current sentiment suggests that the impact of a Coinbase listing has diminished. Critics argue that the quick listing of $VVV, along with insider selling of tens of millions of dollars shortly after its launch, raises questions about the integrity of centralized exchanges and their role in determining market winners. The ongoing discussions highlight a growing concern over the practices surrounding cryptocurrency listings and the transparency of exchanges.

Written with ChatGPT (GPT-4o mini).

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