Backed by the recent rise of bitcoins, altcoins, including exchange-traded tokens, have seen significant gains recently, while some of these cryptocurrents have continued to reach new historical highs (ATH). According to Messari, Binance leads the category after jumping more than 150% from $47 on February 1 to $148 on February 10. However, at the time of writing, the token has recovered and is trading at $123.

Centralized exchange coins show the way

As a result of this increase, the market capitalization of the BNB token stood at just over $19 billion at the time of writing, while cryptocurrency assets have since climbed to 6th place, as shown by Messari.io’s ranking of major assets. Moreover, the NBB’s seven-day change of 116% is one of the highest among central exchanges.

Meanwhile, similar growth action also came from Asian encryption platform Huobi, whose token reached a new ATH of $13.95 on February 10. After trading at $6.54 at the beginning of the month, the token was trading at $12.65 at the time of publication. As Messari’s data shows, the ATH token has risen 170 percent in the past 30 days, bringing its market cap to $2.47 billion.

Another Asian centralized exchange with its own token that has grown by more than 100% is the FTX, a platform for cryptocurrency derivatives. After starting trading at $11.16 on February 1, Messari’s data shows that the token reached a new ATH of $22.77 on February 10. At the time of writing, however, the token was trading at $21.11, which corresponds to a market capitalization of about $2 billion.

Substantial 30-day extension for decentralized exchange coins

The Uniswap token, up 274% in the last 30 days, is the most valuable decentralized exchange token, with a market capitalization of just over $6 billion. Although the Uniswap token posted an ATH of $22.21 on the same day, its seven-day value change of 2.35% is still significantly lower than that of BNB. Similarly, Sushi, the second-best decentralized trading asset, had its own ATH of $16.30 on February 4, with a slightly higher seven-day change of 5.64%.

At the same time, Messari’s data shows that publicly traded assets have experienced an average increase in value of 70% in seven days and of more than 200% in the past month. The total market capitalization of the 54 publicly traded assets was $43.67 billion at the time of writing.

What do you think of the recent performance of stock tokens? Feel free to share your opinion with us in the “Comments” section below.

Images: Shutterstock, Pixabay, Wiki Commons, Messari.io,

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