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?
Is more like a big win win for as many that will make the right choice of token either exchange token or non exchange token before the bull run, however this should be more examined by considering the token that has more users interface by increasing widespread adoption where demand where become greater than supply. Bnb is doing pretty good in the market cap.