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.
I haven't held any exchange tokens in recent times. Considering the fact that majority of them haven't done so well this year, I'd say I was lucky especially since I was a big fan of Binance and BNB. Until the market conditions changes for the better, I don't think tokens in this category will do so well. I'm sure binance is even considering their famous BNB burn have had positive impacts on BNB tokens.
If either the SEC or US government manages to take down Binance, other exchange tokens should plunged. Uncertain times.