this year has been quite turbulent for some altcoins, especially exchange tokens. I've invested in a few and performance-wise, only a handful of them have shown decent growth throughout the year. How about you? Do you have any exchange tokens in your holdings, and what are your thoughts on their market performance this year? Let's discuss our experiences and perspectives on how these tokens have been faring in this volatile market.
The price of the CEX token depends on how the ecosystem and the features they offer, so with the current state of CEX that we know, we can already assess how the price performance of the CEX tokens is.
Do I have CEX tokens? not at all for now, but I had $BNB 2 years ago and luckily at that time Binance was getting a lot of exposure from the crypto public which made the price skyrocket and created new ATHs regularly.
IMO, this year isn't the right year to hold CEX tokens because as we know there are lots of new cases made by the SEC, it's not impossible that the CEX whose tokens we own will be affected.