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Price
4.77 USD
% Change
0.53%
Market Cap
5.57B USD
Volume
49.5M USD
Circulating Supply
1.16B
Bitget Token to Update Burn Mechanism
Bitget Token has announced a significant update to its burn mechanism for BGB. The new model will link quarterly burn volumes with the amount of BGB used for on-chain gas fees through Bitget Wallet GetGas accounts. A total of 30,006,905 BGB is scheduled to be burnt in the first quarter.
Event date: April 9, 2025 UTC
What is coin (token) burn?
A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.
BGB Price Changes After Event Publication
7.64%
1 day
5.42%
2 days
17.49%
Now (Added 1 month ago)
The event is about to begin
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Apr 9 17:08 (UTC)
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