Crypto exchanges tokens are an important part of the exchange ecosystem. They provide incentives for users to use the exchange, and they are also used to reward users for their loyalty. Crypto exchange tokens are often used to fund development and marketing efforts, as well as to provide liquidity to the exchange. The performance of these tokens nevertheless have significant impact on the success of the exchange and how investors perceive the exchange. As such, it is important for exchanges to monitor the performance of their tokens and take steps to ensure that they remain attractive to users.
While I pounder and research on which exchange token is worth holding long term among other tokens with good utility even as many Crypto enthusiasts anticipate the bull run, I stumbled upon a report by TokenInsight that claims the Majority of Exchange Tokens Are Not As Profitable As $BTC except for $MX and $BGB.
According to these report's analysis of a number of exchanges token performance, $MX and Bitget Exchange token $BGB are reported to have largest price gains since the beginning of the year, up 234% and 134%, respectively. Should a report as these justify a buying decision of an investor who desire to hold some tokens long term in anticipation of the bull run?
