- It was announced that BGB surged 25% following the merger announcement of Bitget Token (BGB) and Bitget Wallet Token (BWB).
- BGB is expected to be utilized in multi-chain gas fee payments and staking protocols.
- Bitget's token ecosystem merger is said to have a positive impact on BGB investment.
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Bitget Token (BGB) is showing a remarkable upward trend despite the overall decline in the cryptocurrency market.
On the 26th (local time), Bitget announced its decision to merge Bitget Token (BGB) and Bitget Wallet Token (BWB) to allow all Bitget communities to share continuous support and expand use cases. In the future, BGB will be utilized in multi-chain gas fee payments, staking protocols, and more.
Following Bitget's announcement of the token ecosystem merger, BGB has shown a tremendous upward trend. Despite the overall market entering a lull due to the decline in Bitcoin, it continues to rise through recent infrastructure and ecosystem expansions.
Currently, BGB is trading at $7.25, up 24.98% from the previous day according to CoinMarketCap, ranking 19th in cryptocurrency market capitalization.
YM Lee
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