I’ve always been a fan of CEX tokens and have posted about them here regularly — though a few times I’ve been called out for it, haha. Personally, I think they can deliver strong gains while being less volatile than many other tokens. Their growth tends to be steady and consistent, since the success of the exchange itself usually drives the value of the token.
Recently, some of these exchanges have started following a path similar to BNB, adding on-chain utilities to their tokens. I believe this makes them even more attractive to hold.
First, it was OKB; now it’s BGB (thanks to the partnership with MORPH
Morph partnership announcement). I’m really looking forward to seeing how these tokens perform and what the next big development will be.
For my part, I’ll be adding more to my BGB bag right now. Hopefully, we’ll see the price hit $20 before Q2 of next year. Do you think that’s feasible, or am I getting ahead of myself?