Exchange Tokens Performance over the Year.

[megamind]

Recently, TokensInsight gave an insight into exchange tokens performance and it highlighted major exchange tokens that have performed well over this year and the contributing factors to their successes, it highlighted $BGB and $MX among other exchange tokens as the best performing tokens among other exchanges.

$MX and $BGB are the exchange tokens with the largest price gains since the beginning of the year, up 234% and 134%, respectively, among others which include $BNB, $KCX and others.

The success of $BGB was due to exchange listings, such as MEXC and Bitfinex, announcement of $100M web3 fund, airdrop rewards for BGB holders among other events. 

Other tokens have set token burn events to keep the ecosystem growing healthy, this shows how important exchange tokens are to the crypto community and how many opportunities they offer to users.

Edited August 24, 2023 by megamind