Coinbase adds 3 new coins but Coinbase pump effect is dead

Coinbase Pro and Coinbase will soon add EOS, Maker(MKR) and Augur(REP)to its trading platform soon. In the past, this has always results in substantial increases in the price of said coins but this time there seems to be nothing in terms of a price increase. This signals that Coinbase is not as important as it once was when it was thought to be the only legitimate exchange. The space has matured enough to where people use multiple exchanges and the volume flowing through Coinbase is not as big as it once was with the rise of exchanges like Binance. The real reason a Coinbase listing is important is because of USD liquidity.

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