CryptoLite Posted July 11 Posted July 11 I’ve been casually watching BGB for a while, & the recent news around Bitget burning another 30M+ BGB tokens got my attention. That’s about 2.56% of the total supply wiped out in one go and apparently, they’re doing this every quarter now. The different this time is that the burn is tied to actual on-chain usage via GetGas accounts, so it feels more aligned with real activity than just hype. It reminds me of the early BNB burn mechanics but with a more decentralized angle. Of course, BGB’s current ecosystem isn’t as big as Binance’s yet, but seeing Bitget rise to #2 on Coingecko this year suggests they’re gaining ground. Whether or not it follows the same trajectory as BNB is hard to say, but enforced scarcity like this does usually push long-term value up. Not financial advice just sharing what I’ve been tracking. Curious if others here are also watching BGB closely?
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