If we are to consider the top 3 exchange tokens, Binance BNB, OKX OKB and Bitget BGB lead the race with BNB 5th, OKB 38th and BGB 61st according to coinmarketcap ranking.
Going by history, BNB was launched in July 2017 around $0.11 but reached an ATH of $686.31 on May 10, 2021 just after three years. Currently trading above $550, BNB has established itself as one of the top asset class to hold for many people coming into the crypto space. Can only imagine what to expect in this coming bullrun.
On the other hand, OKB was officially launched on March 2018 around $0.6 and have since witnessed remarkable growth reaching an ATH of $73.83 on March 13 2024 but currently trading around $56.63. That's quite impressive considering the listing price.
Lastly, BGB the native token of Bitget was launched on July 26 2021 at the rate of $0.05850. it gain adoption quickly and has been performing since then. The token has reached more than 15 new ATH from 2023 till date reaching multiple ATH in the last 24hrs. The current ATH stands at $1.37 but currently trading at $1.319. With a current mcap of almost $2B, the price is relatively low compared to the first two making it easily affordable to buy and hodl for future gains.
Although there are other exchange tokens that are also performing well but this three looks the best investment option looking at their respective ecosystem growth hence I feel they are good investment option with growth potential but I will like to hear your opinions. Do you HODL any of this tokens and what are your price expectation ahead of the upcoming bullrun.
My brother, if you really want me to be sincere with you, wether it's and exchange token or not, and alt coin or shit coin will always behaves as one, they fall more than they rise, because that's how they are, just take a look at what happens to FTT token, after FTX went into bankruptcy, bro, till today it has not even recover even half of it price, even as all other tokens are pumping due to how Bitcoin is pumping of recent, but Bitcoin have proven itself over and over again that it can always recover no matter the setback.
So what am I trying to say? If you have any good amount of money to invest, I suggest you invest like 95% in Bitcoin, then the remaining 5% you can gamble it on any other token, if it's an amount you can afford to lose that's my suggestion, but if it's me, I would definitely invest only on Bitcoin, because slow progress is a progress to me, I wouldn't allow greed of bigger profit make me lose my hard earned money.