Quote from: Incarts on Today at 03:15:47 PM

Quote from: Iamcrypticguy on Today at 01:36:15 PM

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Quote from: Iamcrypticguy on Today at 11:20:39 AM

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.

That's true though, the sec issues stopped the momentum on BNB. I sold. Large chunk of mine earlier. Nevertheless though, the recent tokeninsight reports rated some exchange tokens highly. Seen the report?

The SEC regulations make it an uncertain time to hold CEX tokens quite frankly but when you look at the utilities some of them offer, you’d be compelled to hold them and follow the SEC updates. Some of them have also performed remarkably, according to TokenInsights BGB has outperformed other CEX tokens this year, while OKB ranks second. Unfortunately BNB hasn’t been so impressive as Binance keeps facing stiff regulations.

Yeah I read the report and I was intrigued. Kudos to bitget for holding it steady amidst the bear market and I'm sure binance's BNB will bounce back in no time.