You have mentioned some of the exchanges that their coins are doing well. No doubt some of these exchange coins are doing fine, but the ability to catch them when they are still at their early stage. Numerous exchanges lunched in the past and many of them have gone under the radar and they are no where to be found. Investing in an exchange coin does not guarantee profitability. Like the case of Fxtm and many others, investors lost money and many more. But if one can get an exchange coin that's reputable from the very beginning, it will be a good investment. But the challenge is knowing which exchange will stay and do well.
Knowing the right exchange token to invest in is not a difficult task in my opinion. You just need to check the growth rate and the ecosystem development of the exchange, check the tokenomics of the coin and their use cases and check the integrity of the exchange over a period of time. Personally I have found BGB to be the next big exchange token in few years from now because the price is still very relatively low compared to other exchanges but with a significant market cap due to massive adoption rate. The exchange token according to tokenInsight publication in February has been the highest exchange token gainer in 2024 and was also second highest gainer in 2023 increasing from first to the last quarter despite the bear market at that time. So i think the exchange growth has also been playing massive role in the adoption of the token and with the current expansion into different part of the world, we might see BGB in the first top 20 cryptocurrency in few years to come.