Crypto top & flop: exchange tokens outperform the market

The day is lucky for certain cryptocurrencies. Performances to watch in the crypto top and flop of the day.

The best crypto: explosion for these three CEX tokens

Bitget will place its token at the top of the leaderboard

The day is slower on the Bitcoin side, but very fast for BGB Bitget. The latter made an incredibly good profit by making almost $2 in a single day.

bgb course
BGB/USD – CoinMarketCap.

The BGB price rose nearly 30% on December 26, with an even more impressive peak earlier in the afternoon. At the time of writing this impressive increase, the asset reached $7.32. Hard to do better than BGB these days.

FTT still has more than one trick up its sleeve

For the second FTT, we still find native crypto exchanges, although this one (FTX) is no longer in operation at the moment.

ft
FTT/USD – CoinMarketCap.

The FTT course continued to wake up well, no doubt motivated by some very nice Christmas presents. The daily gain is 15.37% and FTT is now trading at $3.64.

Gate.io: another platform places its token

After Bitget’s ATH, the crypto market also experienced another ATH with the GateToken (GT) of the Gate.io crypto platform.

GT/USD – CoinMarketCap.

Here too, there was an increase and volatility with a rather delicate end to the day. After peaking above $17, GT price fell to 15.38% on the back of a 6.41% gain.

Cryptoflop: 10% is the drop rate

The curve admits pennies

Not a good day for the crypto market. Even worse, apart from the exceptions associated with native exchange tokens, the rest of the market is showing a decline.

CRV/USD – CoinMarketCap.

The price for the biggest losers is almost identical: 10% off. This is notably undermining Curve’s CRV, which is down to $0.924.

Cold shower for ONDO

The curve is not the only one that has been hit in the downturn as ONDO is also doing poorly. ONDO’s decline was caused by the BTC crash, which hurt many altcoins.

okay
ONDO/USD – CoinMarketCap.

So the price of ONDO is in the red after losing more than 10% of its value in 24 hours. Now the coin is trading at $1.46.

A similar fall for Phantom

The drop isn’t as steep, but it’s just as effective for Fantom (FTM) as it is for ONDO. The losses end up being almost the same.

spirit
FTM/USD – CoinMarketCap.

FTM price gradually moved away from the dollar with a decrease of 9.78%. This intense retracement offers potential buyers a sell on FTM with the coin at $0.88.

To go further: learn all about Bitget’s native crypto, BGB.

Bearishness prevails in the crypto market with a bunch of cryptocurrencies falling. Most losses are between 7 and 9%. On the contrary, not many people are on the rise today.

Moral of the story: the wheel is turning again, this time in favor of CEX tokens.

Disclaimer

Disclaimer: In accordance with The Trust Project guidelines, BeInCrypto is committed to providing unbiased and transparent information. This article aims to provide accurate and relevant information. However, readers are encouraged to check the facts for themselves and seek professional advice before making any decisions based on this content.

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