HI! Thanks for the comment! I agree it is a "Fiat Gateway" effect, but it feels like Coinbase has a pretty large "market share" given i don't have a better term. To be honest, I'm interested in the effect on both a macro and micro basis. Regarding capital inflow, I'd be interested in how the introduction of a token affects capital inflow ( would think it actually increases capital in flow, rather than just diversifying whats already there) and I would be interested in both the % and timing for flow into other assets. Additionally, i would be interested in how the price of a currency affects the introduction. I'm a firm believer that currencies like Ripple and Litecoin had large swings due solely because the populous was able to buy multiple coins rathe than a small piece.
Of course, I'm also interested in understanding how introduction of a coin into a fiat gateway like coinbase, especially for coinbase specifically, affects the total cryptomarketcap in general.
Geez, in explaining this and answering your questions, I'm realizing there could be an entire whitepaper on the potential effects and what is possible, just asking the questions....