In 2023, amidst the tumultuous crypto market, Bitget's native token, BGB, has emerged as the standout performer in the realm of exchange tokens, overshadowing giants like Binance's BNB, OKX's OKB, and KuCoin's KCS. Boasting over 200% market cap growth, surging from below $300 million to $800 million by December 28th, BGB defied bear market trends, setting new all-time highs. In comparison, BNB and OKB experienced modest growth, while KCS remained stagnant. BGB's success is attributed to strategic innovation, aggressive utility expansion, and robust community engagement. Bitget's focus on emerging trends and a versatile utility beyond fee discounts propelled BGB's meteoric rise, challenging established players and redefining expectations for exchange tokens in the evolving crypto landscape.
BGB – https://www.coingecko.com/en/coins/bitget-token
BNB – https://www.coingecko.com/en/coins/bnb
OKB – https://www.coingecko.com/en/coins/okb
KCS – https://www.coingecko.com/en/coins/kucoin-shares
Wonder if we’ll see some of these stack up against BNB in the bull market. Wouldn’t be surprised to see BGB pretty high up there with the way it’s been moving so far this year.
How many active users does Bitget have?
well i held that exchange token for like three month and they hit a new ATH while holding from my dyor there’s a use case so why not me holding
Interesting. I hope DAFI will be the top-performing token with the launch of the Hybrid exchange. Actually, the token pumped over 3000% when it was announced.
Nice performance from BGB. I didn’t know this one.
Nice read bud, $BGB is one of the CEX tokens I’ve my eyes on come the bull, the good thing about CEX tokens is how it grows commensurately with the platform.