🔎 Why are exchange tokens rising right now (OKB, BNB, HTX, MNT, etc.)?
💥 While the market is correcting, exchange coins look bullish:
• OKB → +165% over the month
• MNT → +71%
• HTX → +23%
• CRO → +21%
And this is not a coincidence. Here’s what’s behind it:
1️⃣ Exchanges see internal metrics
They have access to user inflows, OTC volumes, and internal liquidity. If they start picking up tokens – it means they expect a revival.
2️⃣ Preparation for products and listings
Before launching a launchpad / new IEOs, exchanges traditionally pump their tokens to make them a “pass” to future activities.
3️⃣ Competition for attention
Against the backdrop of BTC's dominance decline, exchanges start to pull liquidity towards themselves. Token growth is the best marketing: “they have something going on → need to get in”.
4️⃣ A hint at alt-season
Exchange tokens almost always rise first when the market comes out of the “only BTC” phase → a shift begins to altcoins.
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🙃 In short: exchanges are not just creating a stir – they are slowly betting on their own bull-run.