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Centralized Exchange Tokens Hit New All-time Highs, Again
Utility tokens for centralized exchanges including FTX, Binance, Huobi and OKEx, hit all-time highs Wednesday, not long after some of them set price records earlier this month. • At press time, FTX’s FTT, Binance’s BNB and Huobi’s HT have seen the most significant growth since the beginning of the year, up about 249%, 238%, and 161%, respectively, according to Messari. • As CoinDesk reported previously, exchange tokens are logging impressive returns as more traders, especially new retail traders from the equity market, are using these exchanges to invest in cryptocurrencies. • “FTX has set all-time ... (full story)