Price Skyrockets to $1, Achieving Unprecedented Peak and Surging by 50% within Seven Days
Bitget Token (BGB) has undergone a price correction and is currently trading at approximately 99 cents. This accomplishment is particularly noteworthy as it has occurred early in the current market bull run, highlighting BGB’s exceptional performance. On Friday, Feb. 16, the token reached a new all-time high of $1.02, making it the top gainer in the crypto market in terms of both daily and weekly growth.
In just seven days, BGB’s value increased by 55%, rising from a low of $0.6408 to a peak of $1.02 on Friday. Within the last 24 hours, the token experienced a 15.5% increase, reaching the dollar mark for the first time since its inception in 2020.
There are several factors that could be attributed to BGB’s recent surge. The token has consistently demonstrated growth over the last four months, experiencing a total increase of approximately 126%. Despite the typical market fluctuations, BGB has maintained a stable upward trend without significant short-term volatility, indicating strong and sustained momentum.
The growing popularity of the Bitget exchange could also be a contributing factor to BGB’s success. The platform is known for listing newly launched tokens early and garnering substantial community support. Just recently, the platform announced the listing of Starknet’s STRK token, which is set to launch a highly anticipated airdrop next week.
Bitget attributes the increasing visibility of BGB to several key developments, including a rise in its market share and the creation of blockchain funds worth $20 million. These strategic moves have solidified BGB’s foundation, which is now supported by a community of over 20 million users on the exchange.
