How does the NASDAQ threshold list affect the price of digital currencies?

1 answers

• May 01, 2022 · 3 years ago
  The NASDAQ threshold list has a significant impact on the price of digital currencies. When a digital currency is added to the list, it gains exposure to a larger pool of investors, which can lead to increased buying pressure and drive up its price. Conversely, if a digital currency is removed from the list, it may lose visibility and investor confidence, resulting in a decrease in demand and a potential drop in its price. The NASDAQ threshold list considers factors such as market capitalization, trading volume, and compliance with regulatory requirements when determining the eligibility of a digital currency. Overall, being on or off the NASDAQ threshold list can greatly influence the market sentiment and price movements of digital currencies.
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