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Posted on Feb 06, 2022Read on Mirror.xyz

2021 MEXC Coin Listing Research: 6 Initial Listing of the Top 10 Highest Returns Assets, Theoretical Average Highest ROI Over 6600%

According to CoinMarketCap, the market cap of the digital currency market soared from $755.74 billion at the beginning of the year 2021 to $2248.668 billion at the end of the year, an overall increase of 196.27%, nearly 3x. In this prosperous time, SHIB, GALA, AXS, SAND, MATIC, LUNA, FTM, SOL, ONE, and MANA were the top 10 assets with the highest ROIs across the market. Especially SHIB, presented the highest ROI at 106,363,536%, followed by GALA and AXS, 47,854% and 29,650% respectively. SAND, MATIC, LUNA, FTM, and SOL achieved the highest ROI of more than 16,000%.

Among these 10 high-return premium assets, 6 of them were first listed on MEXC: SHIB on 16 April 2021, GALA on 7 June 2021, LUNA on 12 August 2020, FTM on 10 June 2019, SOL on 8 July 2020, and MANA on 5 Feb 2020. As you can see, MEXC has become the “first stop for quality projects listings.”

For a long time, different exchanges have formed different logic in terms of new asset listings. These kinds of logic have different weights in terms of listing speed, diversity of new assets, the prospect of new investment sectors, and maturity of new investment assets. For example, MEXC emphasized new, fast listings and more assets, while Coinbase Pro emphasizes asset maturity. Regardless of their logic, investors may gain significant returns out of it, and the shift between different logic may also create arbitrage opportunities for early investors. For example, the assets first listed on MEXC may appreciate when the asset lists on Binance and Coinbase Pro, and investors will have the opportunity to obtain double benefits of taking part in early-stage token investment and arbitraging.

In an ideal scenario, how can investors benefit from the different coin listing logics between exchanges? In other words, how high return can investors gain by participating in the early-stage token investment? To answer these questions, this article will analyze the theoretical returns of new assets in MEXC and in Binance and Coinbase Pro, based on MEXC’s most new assets listing month — July 2021 to December 2021.

01

Over 850 New Assets In The 2nd Half Of 2021, Covering 24 Sectors

At present, MEXC has 2 sections, the Assessment Zone and Innovation Zone, as well as its featured campaigns such as Launchpad and Kickstarter, for a rapid launch of new assets.

Among all, Launchpad is a new activity launched by MEXC for MX holders to participate in innovative projects at a low cost. The first 4 projects are CBX, GENE, TRVL, and CLY, with the highest gain between 1,150%-4,630%. Currently, only 4 sessions have been launched.

Kickstarter is a voting activity for MX holders. Voting users will be rewarded with new tokens for voting on project listings. According to the statistics, in December 2021, Kickstarter launched 80 assets, equivalent to an average of 2.58 assets launched per day. The new listings accounted for 55.17% of the total monthly amount. Among them, there are 10 assets with the highest theoretical ROI over 1,000%, namely CWEB (4174.50%), RU (2900.00%), MELD (2757.00%), GER (1800.00%), CHICKS (1500.00%), HSF (1299.80%), LSP (1284.38%), XYO (1140.00%), PARAS (1066.67%) and QUACK (1025.00%).

As the Launchpad and Kickstarter projects eventually launched at the Assessment Zone and Innovation Zone, this article selected new assets listed on the Assessment Zone and Innovation Zone between July to December 2021 as the main samples for analysis. According to the predictions, the cumulative number of MEXC new assets listings during this period is likely exceeded 850. Among them, 297 new assets were launched on the Assessment Zone and Innovation Zone, which is equivalent to an average of 2 new assets per day. In addition, there were more than 50 new assets in August, October, November, and December, every month. The speed of new asset listings can be observed here.

If the assets are divided based on the token protocol, these 297 first listed new assets cover 32 public chains. 118 are in Ethereum which accounts for 40%. 86 of them are in BSC (29%). Solana, Polygon and Avalanche has 17, 7 and 6 respectively. The remaining new assets are on new public chains are Fantom, Harmony, Cardano, etc.

If the assets are divided based on sectors, these 297 first listed new assets cover 24 subsectors. 104 are mainly related to DeFi and account for about 35%. These assets include not only traditional lending and AMM DEX, but also derivatives and DeFi 2.0 in 2021, such as SPELL, FARM, CVX, BETA, CHESS, RBN, and other popular assets. Another 61 projects are mainly related to NFTs, including NFTs related Game, Metaverse, and NFT/DeFi, the proportion of this category covers 38%. These assets include popular assets such as GODS, RARE, YGG, SLP, and JEWEL.

In addition, DAO, Infrastructure, Public chain, Data, and Media are all popular sectors focusing on high-quality new assets. There are also a few assets focused on the Human Resource (HR), Identity, Payment, Social, Security sectors. Overall, the assets launched by MEXC recently are very diversified.

02

79% Of The Listed Assets On Multiple Exchanges, Were First Listed On MEXC,

The Average Interval Time For Listing In Different Exchanges Is 40 Days

Among the 297 new assets launched in the 2nd half of 2021, 29 are also listed on Binance and Coinbase Pro. 23 of these were first listed on MEXC, before Binance and Coinbase Pro. It is generally believed that if an asset is listed on more exchanges, there is a higher market acceptance and quality of the asset. From this perspective, the new assets first listed on MEXC include many high-quality assets. MEXC has outperformed Binance and Coinbase in terms of the number and speed of project listings and project discovering capabilities. This is the differential advantage developed by MEXC through the “wealth effect” of coin listings.

Specifically, among the 23 priority assets listed on MEXC, 5 of them — ENS, IMX, SPELL, AGLD and FARM were listed on Binance and Coinbase Pro, 3 of them — FOX, RBN and GODS were listed on Coinbase Pro, while 16 of them — FLUX, MOVR, CHESS, etc. are listed on Binance.

Looking at the time interval between the listings on different exchanges (considering the average number of days between asset listings on the 2 exchanges simultaneously), these 23 assets were listed on Binance or Coinbase Pro on an average of 40 days after being listed on MEXC. Among them, MBOX, HIGH, DYDX, CVX, C98, and BETA were listed on MEXC and Binance on the same day. In addition, PEOPLE, CLV, BICO, and ENS were listed on Binance or Coinbase Pro within a month after being listed on MEXC. The interval between the listing of most assets on different exchanges is typically no more than 2 months.

03

The Theoretical Average Highest ROI of MEXC Initial Listing Up To 6,647%,

94% Of New Assets Remain Profitable to Date

In this article, we will analyze the new assets which are listed on 2 or more exchanges in the 2nd half of 2021, and the additional 6 popular assets in the market, to look into the ROI of these high-quality assets’ initial listing.

According to the statistics, the theoretical average highest ROI on launch day (the highest price gain on that day compared to the opening price) of the recent 29 high-quality new assets reached 874.07%. Among them, the listing on MEXC Assessment Zone in the 2nd half of 2021 performed well, with BETA, IMX, and MOVR hitting the theoretical highest ROI up to 2,500% on the launch day itself. Especially BETA reached 7,987.88%, an insane 80x. In addition, AGLD, DYDX, ENS, C98, RARE, GODS, and MBOX performed very well on their launch day, with the theoretical highest ROI of up to 500%.

When the exchange initial listings were booming again in 2019, new assets tended to hit all-time highs on launch day, and then fall all the way down. However, this did not happen to these high-quality assets under our observation. Conversely, these assets continue to grow over a longer period of time.

Taking 1 week as the observation period, the theoretical average highest ROI (the highest price gain in a week compared to the opening price) of the 29 assets reached 1,205.97%, which is 38% higher compared to the launch day. The theoretical highest ROI of 18 assets in the 1st week after launch, was higher than the theoretical highest ROI on launch day. SOL, SHIB, PEOPLE, SPELL, C98, ENS, and CHESS increased by more than 100%. Especially SOL increased by about 781%, which was the highest ROI of all assets within launch week. The remaining 11 assets, including HIGH, BICO, DYDX, AGLD, and CLV, hit even higher ROIs on launch day.

If the observation period is up to 15 January 2022, the sustainable growth of these tokens is more evident. The theoretical average highest ROIs of 29 assets (ATH compared to the opening price) will be further increased to 6,852.22%, which is 468% higher than the theoretical average highest ROIs in a week and 684% on the launch day. SOL, LUNA, FTM, SHIB, GALA, and BNX’s all-time high ROIs increased by more than 2,000% compared to the launch day. Interestingly, the all-time high ROIs for SHIB, GALA, LUNA, FTM, SOL, and MOVR all exceeded 10,000%, which is more than 100x. In particular, the highest ROIs for SHIB, LUNA, and SOL so far are more than 300x.

When the listings happen in the early stage, the market recognition and awareness of these assets are relatively low, and the opening price on MEXC tends to be lower. Over time, when the market recognition and awareness of assets developed, the opening price of the projects on Binance and Coinbase Pro tend to increase. In that sense, for the same asset, MEXC may bring higher ROIs to investors with its fast-listing speed. Data stats have proven this.

Of the 29 high-quality assets, MEXC’s theoretical average all-time high ROI was 6,852%, while Binance is about 2804%, and Coinbase Pro, with a longer listing interval, has only 270%. Take AGLD as an example, the opening price at MEXC was about $0.5, the all-time high ROI is about 1,540%; the opening price on Binance was about $2.95, all-time high ROI dropped to 84.24%; the opening price on Coinbase Pro was about $3.19, further reducing all-time high ROI to 63.64%. The same goes for other assets, the theoretical highest ROI for the same assets on different exchanges can be several or even dozens of times different.

Looking at the overall ROIs of these high-quality assets, it showed that the price of these assets rarely falls below the initial offer price, and the risk of investors joining the initial listing has been reduced. According to statistics, the overall average ROI of 29 assets is about 3291%. Among them, only HIGH and FLUX were below their initial offer price, while the other 27 assets are all above the opening price. In particular, the overall ROIs of LUNA, SOL, SHIB, FTM is over 10000% since launch day, which means that if you buy and hold at the opening price on MEXC, you can theoretically get returns of more than 100x.

As for the new listings of premium assets this year, the overall ROIs of MOVR, IMX, and C98 are over 2000%, which means that if you buy and hold at the opening price on MEXC, you can theoretically get returns of more than 20x. In addition, the overall ROIs of PEOPLE, BETA, SPELL, and YGG are over 500%.

04

The Potential Double Returns — Initial Listing + Arbitrage

The Theoretical Average ROI Of Selling on The Opening Is Also Close To 1000%

As analyzed, the different launch day inevitably leads to a difference in theoretical ROI, which provides early investors the possibility of second earnings through arbitrage between different exchanges. This is also the potential earnings that investors can obtain by utilizing the different coin listing logic on different exchanges.

These MEXC first listed 29 assets in this analysis, assuming investors buy at the opening price when the assets are listed on MEXC, the average ROI available to investors is up to 965.74% when they sell at the opening price once it’s listed on Binance. In particular, the ROI of MOVR and SHIB is particularly high, reaching 7,624% and 6,960%, respectively.

On the other hand, assuming investors buy at a low price when the assets launch on MEXC and sell at the opening price when it’s listed on Coinbase Pro, the average ROI drop to about 870.83%. Among them, IMX has a high ROI of 3,175%. It is worth noting that these large arbitrage spaces may come at the cost of a longer time interval between coin listings. For example, MOVR’s launch interval is 73 days, IMX’s launch interval is 50 days, higher than the average standard of 40 days. This requires investors to have higher investment skills, requiring investors to be able to “lay in wait” early for the assets that MEXC will launch with priority.

Another better scenario is that if an investor first buys at the opening price on MEXC during launch, and then sells at the highest price on Binance or Coinbase Pro when it’s listed — the average ROI is up to 7392.97% selling at Binance, and 1266.12% at Coinbase Pro. Through this method, SHIB, SOL, LUNA, FTM, GALA, C98, BETA, MOVR, IMX, and other assets can get high ROIs of 3500%-44000%.

With more sophisticated trading strategies, the investors’ actual returns from the different coin listing logic between exchanges could be even higher. For example, investors may choose to buy at the opening price on MEXC, then sell at a higher price after some time when it’s listed on Binance and Coinbase Pro, OR benefit directly from the good news about coin listing on different exchanges and wait for a better price on MEXC. OR it could be a combination of these strategies. It all depends on the investors’ strategy on how to “lay in wait” for high-quality assets.