BGB Price Rockets 20% As Bitget Reveals 800M Token Burn Plan, What’s Next?

Quick Summary:

On Friday, BGB price witnessed an over 20% uptick as the crypto exchange revealed an 800 million token burn plan to bolster the coin’s tokenomics.

Crypto exchange Bitget’s BGB token has emerged as the talk of the crypto town recently, defying broader market trends with a price rally.

In turn, market enthusiasts expect phenomenal gains in the asset’s price ahead, abiding by the law of supply and demand.

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Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Coin burn Altcoin News Bitget

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 11:49:49 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 530 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 24690657

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Main Topics: Crypto

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