Klein Labs' latest research report reveals the relationship between liquidity and the token listing effect on trading platforms. The data shows that the average price performance of tokens within 7 days of listing on Binance, OKX, and Bitget was +12.9%, +10.9%, and +10.4%, respectively, ranking them as the top three mainstream platforms. In contrast, platforms like Coinbase, Upbit, and Kraken showed negative performance. This analysis provides investors with important market insights, demonstrating the significant impact of liquidity on token prices across different platforms.