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Here are Top 4 Exchange-Owned Tokens That Could Spike Massively This Bull Season

source-logo  thecryptobasic.com 27 April 2024 11:55, UTC

This article examines the top 4 tokens native to crypto exchanges that have the potential to witness significant gains in this season’s bull market.

In anticipation of an imminent bull market, investors are curious about which crypto asset will perform incredibly well in the 2024/2025 bull season.

Over the past bull cycles, investors have focused on new and unpopular cryptos, hoping to maximize profits when these assets gain popularity. However, this strategy has not worked well for some market participants.

Interestingly, tokens with strong backgrounds outperform most new assets during a bull market,

Top 4 Exchange-Owned Tokens With Strong Growth Potential

Based on this, we’ve compiled a list of four tokens with solid backgrounds that are owned by popular crypto exchanges.

These four exchange-owned tokens have the potential to maximize investors’ returns in a bull market. Nonetheless, it is imperative to conduct due diligence, as this article is only for informational purposes and not investment advice.

Binance Coin (BNB)

BNB is the utility token of the Binance ecosystem. Launched in July 2017, BNB was introduced to simplify trading on Binance, the world’s largest cryptocurrency exchange.

However, the Binance team expanded its utility to include other use cases, including selecting it as the BNB Smart Chain (BSC) gas fee token.

Analysts at crypto trading platform Changelly project that BNB may spike to $1,265 by November 2025. This represents an increase of 113.25% from its current price of $593.42.

In the meantime, BNB has already witnessed a 90% surge this year. At the current price of $593.42, BNB is currently down 14.1% from its all-time high of $690.93, which was registered on May 10, 2021. BNB is ranked as the fourth-largest cryptocurrency, with a market cap of $91.31 billion.

OKB (OKB)

The OKB token was launched by popular crypto exchange OKX in 2018. The exchange introduced OKB as its utility token. With OKB, users can access certain special features on OKX, including participating in giveaways.

Last month, OKB surged to an ATH of $73.83 and has since lost 29.63% of its value. At press time, OKB is trading at $51.91, marking a weekly decrease of 4.84%. OKB is the 34th-largest cryptocurrency, with a valuation of $3.11 billion.

According to experts at Changelly, OKB’s price could rally to $117.35 by December 2025.

Uniswap (UNI)

Prominent decentralized exchange Uniswap attracted the crypto community’s attention in 2020 following the launch of its native token, UNI. The team behind Uniswap airdropped the tokens to the early users of the DEX.

UNI’s price surged massively to an all-time high of $44.97 a few months later. At press time, UNI is down 82.94% from its ATH, with a unit of the token currently changing hands at $7.68.

However, Changelly experts expect the price of UNI to spike to $25.81 by next month, marking an increase of 236.06% from the current price. Uniswap is currently ranked as the 23rd-biggest cryptocurrency, with a market cap of $4.57 billion.

Cronos (CRO)

Prominent crypto exchange Crypto.com launched the Cronos token in 2021. CRO is the governance and utility token of Crypto.com’s native open-source blockchain, Cronos.

Although CRO trades at $0.125 at press time and is down 1.59% in the daily charts, the asset has spiked 26.8% year-to-date (YTD).

CRO’s market cap of $3.33 billion makes it the 30th-biggest cryptocurrency. Like most crypto assets, CRO also registered an ATH in 2021, hitting a price of $0.969.

Interestingly, Changelly analysts expect the token to surge to $0.951 by December 2025. A target of $0.951 requires CRO’s current price to soar by 660.8%.

thecryptobasic.com