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RE: Hive trading volume skyrocketed, volume-wise Hive was in the top 100 yesterday

Ich hatte schon fast geahnt dass ein neuer BNB/ Exchange Coin aufleuchten wird ;-)

Bitget Token (BGB) is the native utility token of the Bitget cryptocurrency exchange, designed to enhance user engagement and provide various benefits within the Bitget ecosystem. Launched on July 26, 2021, as an ERC-20 token, BGB was initially issued at a price of $0.05850, with a total supply of 2 billion tokens. As of October 2024, approximately 1.4 billion BGB tokens were in circulation.

In a strategic move to strengthen the BGB ecosystem, Bitget announced a significant token burn in December 2024. The exchange plans to burn 800 million BGB tokens held by the core team, representing 40% of the total supply, thereby reducing the overall supply to 1.2 billion tokens. This initiative aims to enhance the token's value and scarcity.

BGB serves multiple functions within the Bitget platform, offering users various benefits:

  • Early Access to New Projects:

    • Launchpad: Users can utilize BGB to purchase tokens of carefully selected projects during early investment stages.
    • Launchpool: Staking BGB allows users to earn shares of qualified project tokens for free.
    • Super Airdrop: Eligible BGB holders receive airdrops of new crypto assets listed on Bitget.
  • Offers and Discounts:

    • Transaction Fee Discounts: Users paying with BGB receive a 20% discount on spot transaction fees.
    • Groupcoin: Holding a certain amount of BGB enables users to purchase mainstream tokens at discounted rates.
    • Profit Sharing: Traders holding BGB can share up to a 10% commission from their followers’ profits.
    • Bitget Lottery: BGB holders have the chance to win daily prizes in BGB.

These utilities are designed to foster user participation and loyalty within the Bitget ecosystem.

The recent token burn announcement positively impacted BGB's market performance. Following the news, BGB's price surged by approximately 22%, reaching $8.39, with a market capitalization of around $11.7 billion.

In summary, BGB's tokenomics are structured to provide tangible benefits to its holders, including access to new projects, transaction fee discounts, and participation in exclusive events. The planned reduction in total supply through token burns is expected to further enhance the token's value proposition within the Bitget ecosystem.

Das könnte auch recht gross werden und ich muss mal noch genauer schauen. Danke für deinen Hinweis.

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Haha, ja wieder ein Exchange Token 😆

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