Report: Bitget, Native Token BGB Thrive in Q1 2024
Bitget attributed its Q1 2024 growth to strategic listings of projects like MEME, AI, RWA, and inscription tokens.
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Bitget attributed its Q1 2024 growth to strategic listings of projects like MEME, AI, RWA, and inscription tokens.
Bitget completed a quarterly burn of 30 million BGB tokens, worth $130 million, as part of its updated burn mechanism tied to on-chain utility, boosting the token's long-term value.
In this article, we'll delve deeper into the BGB price prediction and explore what exactly the BGB token is all about.
Bitget Token (BGB) has seen a significant price increase, reaching $4.72 in the last 24 hours, marking a 5.32% gain. This surge was accompanied by a notable rise in trading volume, which jumped 65% to reach $217 million. With a market capitalization of $5.66 billion, BGB is gaining strong momentum.
Bitget Wallet introduced a 1 million BGB onchain staking pool, offering a fixed 5% APY to strengthen BGBs presence in the DeFi ecosystem.
Bitget's native token BGB is set to list on MEXC on July 31, 2023. This move aims to boost BGB's liquidity and accessibility. (Read More)
In a remarkable display of growth, Bitget’s native token $BGB has catapulted to the 19th spot in the cryptocurrency rankings, boasting a circulating market value of $10 billion and a fully diluted valuation (FDV) of $14.3 billion. This surge is largely attributed to Bitget’s strategic expansion of $BGB’s utilities within its ecosystem. $BGB Hits Historic [...]
Bitget Wallet will prioritize its native BGB token for multi-chain gas payments via its innovative GetGas feature starting January 2025, according to a Dec. 27 statement shared with CryptoSlate. This initiative is set to streamline operations across multiple blockchains, including Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, TON, and Tron. According to the firm, […]
The post Bitget sets to innovate gas payments with BGB token amid major 40% supply burn appeared first on CryptoSlate.
Bitget crypto exchange recently announced the merger of Bitget Wallet token (BWB) and Bitget token (BGB) today to create a unified token ecosystem. After strong community recommendations and to offer the benefits of the ecosystem to community members, the exchange took the decision to merge the two tokens. Following the
Bitget Token (BGB) emerges as a breakout star, posting unprecedented gains. Market analysts take notice of its exceptional performance. Will $10 prove the ultimate test [...]
Most exchange-based tokens are defying the odds amid the latest market drops. As they continue to show signs of recovery, BGB leads the current daily surge with 17% gains in the last 24 hours. Despite the recent crackdown across the crypto space, BGB showed signs of strength with a back-to-back gain in the past weeks. [...]
The unified token, BGB, will now serve as the core utility token across the Bitget Exchange and Bitget Wallet ecosystems.
The Bitget Token (BGB) has achieved significant milestones, reaching the 23rd rank in cryptocurrency rankings by market capitalization. Its circulating market cap stands at $8.18 billion, with a fully diluted valuation (FDV) of $11.69 billion. The tokens current price is $5.85, reflecting an 18.33% increase in the past 24 hours.
According to BGB price prediction, by the end of 2030, the Bitget token price is expected to reach a maximum level of $46 (+880%).
The post BGB Price Prediction: How High Will Bitget Token Go? first appeared on StealthEX.The tokens upward trend accelerated after breaking a descending resistance line in September.
Bitget Token (BGB) has surged to $3.59, gaining 43% in the past week and drawing significant attention. With a $5.5 billion market cap and $250 [...]
Th cryptocurrncy lndscp witnssd significnt shift in Sptmbr 2024 with th mtoric ris of Bitget Wallet. Th ntiv wllt of crypto xchng Bitgt scurd th scond spot in trms of downlods within th Wb3 spc, triling only industry gint Binnc. Its usr bs grw by 100%, rching 40 million globlly sinc Mrch 2024. This […]
Burning those 800 million tokens made BGB scarcer, which might drive up demand and, in turn, its value.
The analysis also compared $BGB to other utility tokens for other crypto exchanges.
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