Post
Topic
Board Altcoin Discussion
Re: Performance of Exchange and their Token
by
JeromeTash
on 09/04/2024, 21:57:15 UTC
Their tokens tend to do well over time because they hold token burns and also reward the token holders with much reduced trading fees in their platforms. FTT was another toke that was so promising before the FTX collapse.
The only reason I fear them is that should anything happen to the native exchange, the token will dump so hard and sometimes may never recover at all.