In April 2025, Bitget (BGB), Cronos (CRO), and 1INCH are expected to be among the most watched exchange tokens in the crypto market. This month, BGB has experienced a 4% decline following a substantial rally in late 2024, while CRO has dropped nearly 10% due to broader market weakness linked to the ongoing tariff war. Similarly, 1INCH has fallen over 5%, influenced by Ethereum's continued downward trajectory.

Despite these recent corrections, each token has notable catalysts on the horizon that could either trigger a reversal or extend the current correction. The Bitget Token, or BGB, has garnered considerable attention recently, surging 434% between December 1 and December 27, 2024. However, after reaching its peak, momentum began to wane, resulting in a 12% decline over the past week. This adjustment follows traders' reassessment of the token's short-term prospects after its rapid rise.

Even with this recent pullback, Bitget Token remains one of the largest exchange tokens in the market, with a market capitalization of $4.8 billion. In the first quarter of 2025, Bitget executed a burn of 30 million BGB tokens, following an even larger burn of 800 million tokens in late 2024, reducing the total supply by 40%. This move was designed to enhance long-term value through deflation. Additionally, BGB has broadened its utility, now supporting multi-chain gas fees and real-world payments, extending its applications beyond the Bitget ecosystem.

Should the current correction reverse, the Bitget Token might test resistance at $4.40, potentially advancing to $4.69 upon breaking through. Conversely, if selling pressure intensifies, support around $3.72 could be tested, and a breach below this level would mark the token's first decline below $3.70 since December 2024.

CRO, the native token of Crypto.com, has dropped nearly 22% over the past week, making it one of the poorest-performing major exchange tokens this week. This decline coincides with broader crypto markets reacting strongly to the intensifying tariff war, triggering a risk-off sentiment across both traditional and digital assets. Crypto.com had ambitious plans for 2025, including discussions about a potential CRO ETF, but deteriorating market conditions cast uncertainty over the feasibility of these goals.

Technically, Cronos’ exponential moving average (EMA) lines have formed two death crosses in recent days, a strong bearish indicator. Should the downtrend persist, CRO may fall to test support at $0.077, and if this level is breached, it could drop further to $0.073.

On the other hand, if market sentiment improves—potentially bolstered by Crypto.com’s collaboration with Trump Media—CRO could experience a sharp recovery, positioning it as one of the most relevant exchange tokens in the market. Key upside targets include $0.085, followed by $0.097, $0.108, and potentially $0.12 if bullish momentum strengthens.

1INCH remains one of the most crucial decentralized exchange (DEX) aggregators in the crypto space, despite operating on a smaller scale compared to competitors like Jupiter, which processes approximately five times more trading volume. It also faces increasing competition from newer entrants such as CoWSwap, challenging its dominance in the sector.

Despite solid fundamentals and a strong reputation, 1INCH has seen its token price fall more than 17% over the last week, reducing its market capitalization to $221 million. The ongoing downturn in the Ethereum ecosystem, with ETH now trading below $1,500 and at risk of falling toward $1,000, has significantly impacted aggregators like 1INCH.

If the correction deepens, 1INCH could test support near $0.148. However, a rebound in Ethereum activity could swiftly reverse the trend, potentially pushing 1INCH to retest resistance at $0.177, and if broken, rally toward $0.198 and even $0.22.

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