The Crypto craze is surging: Could platform tokens be a good investment?

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The Crypto craze is surging: Could platform tokens be a good investment?
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This article analyzes and compares the platform tokens of several leading platforms, focusing on three dimensions: platform token earnings, buyback and burn, and fee discounts for investors' reference

  • 📰 Cointelegraph
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As BTC continues to trade sideways at high levels, the bull market momentum is unstoppable, and platform tokens are once again drawing attention.

Data shows that MEXC's platform token MX has increased by 101% over the past year, surpassing even BNB, while OKX's platform token OKB has seen an annual increase of less than 5%. In 2024, MEXC further increased its airdrop intensity, with an average of nearly 250 tokens airdropped per month from January to April. The APY reached 107%, far surpassing BGB holders.

In fact, MX's token price is severely underestimated during the bull market. After users receive token airdrops by holding MX, if they convert these earnings into MX tokens, they can easily achieve a compounding effect, thus achieving tremendous profit potential.Using platform tokens to offset trading fees is a common promotional strategy on cryptocurrency trading platforms.

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