Which Exchange Tokens Are You Watching in the 2024 Bull Run? - page 3.

Wiwo

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Quote from: Iamcrypticguy on February 15, 2024, 05:14:31 PM

Quote from: Wiwo on February 15, 2024, 01:13:09 PM

Edited out

You should check token insight reports on performance of exchange tokens in the last 6-8months before making the assumption. In all you do stay profitable matey..

Well, I am sorry if I haven't taken the time to get more insight into what exchange tokens performance have been in the last 6 to 8 months, although what affected my interest is how low most of them have performed in the last few months to a year now since those exchange tokens became popular.

Although we have some of them that have really done well in the market, but then also if you take a close look at those tokens' performance you will see a pattern that makes them look like casino tokens also.

Iamcrypticguy

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Quote from: Wiwo on February 15, 2024, 01:13:09 PM

Sometimes, it is hard to tell which token or coins will do well during a bull market, and since we are aware of that we look for coins that have high user utility to boost the demands of the coin, when the bull market comes, and for that we have to look out for only coins that are own by big known exchanges...

The best choice for me is to pick coins like BNB and coin because this two exchanges are well known and the tokens have done a lot performance since their launch.

You should check token insight reports on performance of exchange tokens in the last 6-8months before making the assumption. In all you do stay profitable matey..

Iamcrypticguy

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Quote from: goaldigger on February 15, 2024, 03:27:07 PM

Quote from: Iamcrypticguy on February 15, 2024, 07:40:43 AM

Which exchange tokens are you most excited about for the 2024 bull run?

BNB do doubt as they are still the top exchange and preferred by many.
I'm not familiar about BGB and its interesting to see this exchange in the top12 in terms of their market cap. Will try to look for more details about this and maybe I can also have this one since Binance is about to be banned in our country, not sure though if it will push through in the next few weeks, its always good to have other option. Exchange tokens most of them are doing good, we should not ignore it as they can also give profit to us.

Yeah the exchange is also a top 4 derivative cex according to data from Coin gecko. Here's some details I found that could help with your research. https://www.coinbureau.com/review/bitget-bgb-token/

Jegileman

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I don’t really value most of this exchange tokens because of the manipulation that occurs in them by their owners. They are easily manipulative and they can decide how far or how well they want their tokens to perform. Without much capital to sustain the growth of the coin and not to be at lost, they keep it to a lower price and play a big part in the price regulations. If I had to go for one for this upcoming bull run, it is going to be BNB as it has performed well in the last bull run and also anticipating it to do the same this coming one. I will see this as not gambling much but with other exchange tokens, I will regard them as one.

livingfree

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What is BGB?

If it is with the exchange tokens, I'm holding BNB. I just have a few of them and waiting for a specific number of them for its price before I start selling any of them. The good thing about it is that it has been consistent for years and that's why I am holding it.

Maybe some of you might also consider the likes of Huobi Token and CRO. They're also exchange tokens and the use case of it, obviously is within its exchange.

goaldigger

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Quote from: Iamcrypticguy on February 15, 2024, 07:40:43 AM

Which exchange tokens are you most excited about for the 2024 bull run?

BNB do doubt as they are still the top exchange and preferred by many.
I'm not familiar about BGB and its interesting to see this exchange in the top12 in terms of their market cap. Will try to look for more details about this and maybe I can also have this one since Binance is about to be banned in our country, not sure though if it will push through in the next few weeks, its always good to have other option. Exchange tokens most of them are doing good, we should not ignore it as they can also give profit to us.

Cryptoababe

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I think the cheapest one among the exchange tokens you mentioned is BGB and looks like it has a very huge potential as you have said. Although, I'm not really into exchange tokens, but I would prefer that cos it's way cheaper than the other and the exchange is a very good one.

cabron

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What is the use case of BGB that makes it different from other exchange native tokens?

I have to say Bitget though new, has added tokens that are quite interesting but are not added on big exchanges yet. I would be comfortable holding BNB but Binance has been blocked by several countries already, holders should watch out if their government does block it too.

Holding KCS and staking it I think will qualify a holder of revenue sharing from the exchange. This is somehow a good token to hold if you are up to receive income.

Wiwo

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Sometimes, it is hard to tell which token or coins will do well during a bull market, and since we are aware of that we look for coins that have high user utility to boost the demands of the coin, when the bull market comes, and for that we have to look out for only coins that are own by big known exchanges...

The best choice for me is to pick coins like BNB and coin because this two exchanges are well known and the tokens have done a lot performance since their launch.

Iamcrypticguy

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Navigating the Crypto world & Holding BGB Along..

Quote from: naira on February 15, 2024, 08:20:21 AM

Quote from: Iamcrypticguy on February 15, 2024, 07:40:43 AM

As we enter 2024 with a bullish crypto market, exchange tokens seem poised for massive growth.

Exchange tokens tend to benefit greatly in bull runs as trading volume increases on their platforms. With many analysts predicting incredible gains this year, exchange tokens could be one of the biggest winners.

Some options that look undervalued relative to their top competitors include BGB, KCS, and HT. BGB in particular has shown tremendous momentum lately, more than doubling over the past few months and even hitting an ATH of $.79 today . The derivatives exchange behind it has quickly emerged as a top player.

Expanding functionality and use cases on various exchange platforms will likely expand demand for their native tokens.

Which exchange tokens are you most excited about for the 2024 bull run?

Is BNB not included in Binance exchange tokens? or deliberately separated even though they are still parts that cannot be separated. Regarding MX exchange tokens on Mexc, Houbi with HT, BGB, KCC etc. reminds me of FTT where everything about token liquidity is more easily manipulated by the exchange itself. This means that when creating an exchange they also of course want to involve users with the tokens they create, therefore we definitely know that every exchange that has its own token has a swap/convert feature and offers several other benefits to ensure its value.

After that we return to the conversation about which tokens will see the most promising upside in 2024, including Bitcoin near halving. any profits from Bitcoin generated by incumbents who are partial owners of exchanges will add liquidity to their tokens. I think it's definitely just a matter of looking at the trading volume levels on which exchanges are the most popular. For example, Binance along with the halving, BNB has shown some price increases and the same scheme also applies to all other major exchanges such as Mexc, Kucoin, Huobi and Bitget.

Totally forgot ahah, but I have included it. Maybe because BNB hasn't lived up to expectations considering the predictions by analysts. Although the use cases on BNB are top notch, it may appear the SEC case against Binance has slowed BNB's momentum, which led other players like BGB, etc. to start dominating. It'll be exciting to see how major exchange tokens play out in the coming months - one to look out for and hopefully be well positioned for.

naira

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Quote from: Iamcrypticguy on February 15, 2024, 07:40:43 AM

As we enter 2024 with a bullish crypto market, exchange tokens seem poised for massive growth.

Exchange tokens tend to benefit greatly in bull runs as trading volume increases on their platforms. With many analysts predicting incredible gains this year, exchange tokens could be one of the biggest winners.

Some options that look undervalued relative to their top competitors include BGB, KCS, and HT. BGB in particular has shown tremendous momentum lately, more than doubling over the past few months and even hitting an ATH of $.79 today . The derivatives exchange behind it has quickly emerged as a top player.

Expanding functionality and use cases on various exchange platforms will likely expand demand for their native tokens.

Which exchange tokens are you most excited about for the 2024 bull run?

Is BNB not included in Binance exchange tokens? or deliberately separated even though they are still parts that cannot be separated. Regarding MX exchange tokens on Mexc, Houbi with HT, BGB, KCC etc. reminds me of FTT where everything about token liquidity is more easily manipulated by the exchange itself. This means that when creating an exchange they also of course want to involve users with the tokens they create, therefore we definitely know that every exchange that has its own token has a swap/convert feature and offers several other benefits to ensure its value.

After that we return to the conversation about which tokens will see the most promising upside in 2024, including Bitcoin near halving. any profits from Bitcoin generated by incumbents who are partial owners of exchanges will add liquidity to their tokens. I think it's definitely just a matter of looking at the trading volume levels on which exchanges are the most popular. For example, Binance along with the halving, BNB has shown some price increases and the same scheme also applies to all other major exchanges such as Mexc, Kucoin, Huobi and Bitget.

Iamcrypticguy

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Activity: 266

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Navigating the Crypto world & Holding BGB Along..

As we enter 2024 with a bullish crypto market, exchange tokens seem poised for massive growth.

Exchange tokens tend to benefit greatly in bull runs as trading volume increases on their platforms. With many analysts predicting incredible gains this year, exchange tokens could be one of the biggest winners.

Some options that look undervalued relative to their top competitors include BNB, BGB, KCS, and HT. BGB in particular has shown tremendous momentum lately, more than doubling over the past few months and even hitting an ATH of $.79 today . The derivatives exchange behind it has quickly emerged as a top player.

Expanding functionality and use cases on various exchange platforms will likely expand demand for their native tokens.

Which exchange tokens are you most excited about for the 2024 bull run?

Topic: Which Exchange Tokens Are You Watching in the 2024 Bull Run? - page 3. (Read 419 times)