Bitget’s $6.8 Billion Burn Plan Sends BGB Token Soaring by 15%
Bitget recently announced a bold $6.8 billion burn plan for its native token, BGB. This initiative aims to reduce the circulating supply of BGB, which historically tends to increase token value. Following the announcement, the price of BGB jumped by 15%. Investors are excited to see how this plan affects the overall market and assesses the long-term implications of such a drastic move. As Bitget pushes forward with strategic developments, the cryptocurrency world will be watching closely to gauge the success of this burn and its impact on BGB’s future.
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