
Bitget Token ($BGB) Price Skyrockets Following Its Merger With Bitget Wallet
In a shocking turn of events, the trade price of the $BGB token has skyrocketed by 31% within just 24 hours, following its merger with Bitget wallet. The sudden and unprecedented surge in value has sparked a heated debate among crypto enthusiasts and experts alike.
According to reports, the merger between Bitget’s two native tokens, $BGB and $BWB, will see all BWB tokens swapped into BGB at a 0.08563 ratio. This news sent shockwaves through the cryptocurrency market, resulting in the unprecedented price increase.
The trade price of $BGB has risen to $7.59, representing an astonishing 75% gain over the last seven days. Meanwhile, the trade price of $BWB has remained largely unaffected by the merger, currently trading at a relatively flat rate.
As news of the merger spread, many have taken to social media to express their skepticism regarding the sudden and dramatic increase in value. Some critics have speculated that manipulation is behind the rapid price surge, claiming that certain individuals are profiting from the situation at the expense of others.
Despite these criticisms, it remains unclear what the exact impact will be on the market following this merger. It seems likely that the merger will have far-reaching implications for the cryptocurrency space as a whole.
One thing is clear however: $BGB has become the talk of the town.
Source: bitcoinik.com