🏦🔥 Centralised Exchange Coins Ride the Bull Run Wave
In the fast-paced world of cryptocurrency, centralised exchanges (CEX) play a major role in facilitating the trading of crypto. The wave of newcomers during a bull run and increased demand on cryptocurrencies is going to dramatically increase the popularity of CEXes, and their native coins.
⬇️ I’ll list three CEX coins that are worth keeping a close eye on.
📈 Binance Coin (BNB):
As the world’s leading cryptocurrency exchange, Binance’s native coin, BNB, proved its mettle during the 2021 bull run. Starting at around $41, BNB soared to an all-time high of $686.31. This impressive journey showed BNB’s resilience and upward momentum in favorable market conditions.
With an increasing number of traders flocking to Binance during bull runs, the demand for BNB is going to intensify.
📈 WhiteBIT Coin (WBT):
A Rising Star in the Crypto world WhiteBIT, a fast-growing European CEX has gathered huge attention on the Market. WBT, created just one year ago in August 2022, began trading at $1.9. As the exchange and it’s popularity are rising rapidly, the token’s launch price surged to $14.64 after a few months.
Currently priced at $5.4, WBT has demonstrated huge potential since its creation, reflecting the exchange’s expanding user base.
📈 Huobi Token (HT):
Huobi, another major CEX, boasts a robust ecosystem supported by its native token, Huobi Token (HT). During the 2021 bull run, HT showcased its potential by trading at $5 and reaching an all-time high of $39.66.
The bull run presents a golden opportunity for centralized exchange coins to shine. Binance Coin (BNB), WhiteBIT Token (WBT), and Huobi Token (HT) each carry significant potential for price increases(More then 5X), reflecting the broader trend of heightened interest in CEX coins during market upswings.
Investors and traders looking to diversify their portfolios during bullish conditions may find these CEX coins appealing, as they stand to benefit from the surge in popularity and trading activity on their respective exchanges.
