Bitcoin’s Momentum and PTB’s Carnival on BingX – Signal or Noise?

[Dhray]

Bitcoin continues to hover around $111K, with Ethereum, XRP, and Solana showing modest gains. ETF inflows suggest institutional investors are deepening exposure, and BTC funds may soon rival gold ETFs in size.

Amid this, BingX introduced the PTB Listing Carnival (Sept 4–11, UTC), offering 2M PTB in rewards to users who meet deposit/trade requirements. PTB represents Portal to Bitcoin, a protocol targeting cross-chain BTC liquidity through atomic swaps, not wrapped assets. Though volatile (recently corrected ~40%), the concept places it firmly in the infrastructure category.

Do you think infrastructure tokens like PTB are undervalued long-term, or will BTC’s dominance make these protocols redundant?