Cryptocurrency market analysts have researched leading digital assets native to centralized exchanges. They invited investors to pay attention to 3 virtual tokens that can show an increase in value in August 2022. These included Binance Coin (BNB), FTX Token (FTT), and CRO (Crypto.com Coin).
According to experts, tokens associated with crypto exchanges have an additional layer of security so that they can be considered as a less risky asset class. According to analysts, they can bring profit to their depositors next month.
The first on the list was Binance Coin. The BNB/USD pair is hugely popular among market participants. The cryptocurrency is ranked 5th in the crypto market with a market capitalization of $46.6 billion and is backed by the world’s largest exchange, Binance. Analysts considered that with increased trading volumes on the platform, interest in the BNB token will increase.
For the next project, analysts indicated FTX Token. FTT was ranked 22nd with a market capitalization of $4.23 billion. While the markets crashed and most cryptocurrency exchanges faced liquidity issues, FTX’s value remained relatively stable. FTX CEO Sam Bankman-Fried made several noteworthy statements, after which the crypto platform’s popularity should grow, attracting interest in the native token.
Cronos (CRO) is ranked 24th in the top cryptocurrencies, with a market capitalization of $3.49 billion. Virtual asset CRO.