Exchange Token Index Up 74% In a Month

[altdex]

Binance has seemingly caused a flurry of buying action among exchange tokens (KCS, HT, etc.). The AltDex Exchange Token Index is up 74% while the top-100 index is up only 17.9%.

Source

[bbc.reporter]

Observe which of the Binancecoin trading pairs are going up after its increase in price. I speculate the cryptocoin that increases in value that is denominated in Binancecoin is the real intended destination of the investors hehehe.

[redsun114]

Binance coin is really causing a growth in the price of crypto coin in the market.

I also read in the news 2 days back that a government wants to buy binance coin and you know what that means, we are going to be seeing a lot of money pumped into the crypto market in the next few weeks that will cause a significant increase in the price of crypto in the market moreover this may lead to significant recovery of whole crypto markets too. Lets expect the best things to happen from now onward !

[Congyang]

binance role is very large in the trading market, binancer shows as a large exchange that might be used as an option to view presentation charts of rising index prices every time