The story of BGB in one year is a turning point in the lives of many people
Great products are all similar.
Author: Deep Tide TechFlow
The new world comes like a dream, Bitget BGB!
Humans are creatures that need a sense of ritual, always turning a certain date into something special to say goodbye to the past. As the world becomes increasingly turbulent in 2024, there may always be a ticker that brings tears to your eyes. Apart from the skyrocketing Bitcoin, few have given ordinary people more opportunities than BGB; memes are too volatile, and VCs are too inefficient.
However, BGB allows you to share in a 1400% profit increase, as well as the second-tier dividends of 15 tokens that first go on BG before BN, along with countless financial benefits, clearly resembling a frontrunner.
A year-long period, BGB delivers a perfect score
The mindset of a problem-solver is well-suited for the on-chain games of Crypto, while the imagination of a dreamer is the valuation logic of platform tokens, from BNB's $800 to the DEX miracle of Hyperliquid, and BGB's more than tenfold increase in a year.
The underlying logic of the crypto world has always been trading, and trading platforms occupy the center of interaction between all project parties and retail investors. Whether D/C EX, the market always favors platforms with the best trading experience, and the tokens of exchanges and public chains are also the strongest value targets.
BGB as Bitget's platform token, an Alpha opportunity for ordinary people in 2024
Everyone in the crypto space has dreams of becoming a whale.
For individuals, the greatest difficulty in the journey from 0 to 1 in capital accumulation is finding low-volatility, stable public chains, Super Apps, and exchange platform tokens as the most stable investment strategy, before waiting for the non-linear growth phase of wealth.
At the beginning of 2024, many believed that BGB at $0.5 was overvalued, but by the end of 2024, BGB had reached nearly $8.5, achieving an ATH, and the bull market has just begun. There is reason to believe this is just a local optimum, and the market will give BGB a fairer pricing.
According to data from Defillama, Bitget's monthly capital inflow reaches $1.6 billion, ranking first among all CEXs. In terms of BTC contract data, Bitget even occupies 35% of the market share, a rising star in the crypto exchange world.
After 6 years, Bitget has completed its positioning in 2024.
In the coming 2025, surpassing new business models will also be a necessary mission.
BGB, a proactive choice, allows you to share in the efforts of Bitget's 1700+ employees, as Bitget enters its growth phase.
Bitget is skilled in asset discovery and issuance, whether linking with Hyperliquid or actively absorbing Bitget Wallet token BWB, focusing all efforts on empowering BGB is Bitget's consistent approach.
Traffic is king: The crypto world is driven by hot topics, and the issuance of projects and memes relies on leveraging favorable winds to soar. Bitget has a registered user base of 45 million, discovering 23 projects entering Launchpool last year, becoming the most frequently opened application in the crypto space, firmly occupying the traffic center;
Realizing profits: If the increase in token price is the only factor, it is clearly not enough to fulfill the role of a platform token. In fact, BGB is now the core of Bitget's operations. Holding BGB allows for appreciation, wealth management, new token subscriptions, fee reductions, and profit sharing. Everything is for Holders, whether whales or retail investors, today everyone is a part of the BGB family;
Supporting token price: The better the profits and traffic, the more they will eventually reflect in the token price. The biggest surprise at the end of 2024 is not that BGB has increased tenfold, but that trading volume is already comparable to BNB, while the market cap difference remains tenfold, all of which will be revealed in 2025.
It can be understood that BGB occupies the central position of the three rings of traffic------profit------token price, with stable low-volatility returns leading to a continuous rise in token price, ultimately laying the foundation for BG to surpass many CEX/DEX in 2024.
While actively holding tokens, BGB Beta returns connect in a line, coming from Bitget's continuous empowerment
Every surge has traces to follow. In mid-2024, Forbes listed BGB among the top ten tokens with the best performance at a market cap of $1 billion, with four seats for MEME and three for Solana. BGB is a rare exchange token, a true standout.
Compared to the emotional value of memes, BGB's value is tangible.
BGB has many rights, and we can only choose the most important ones to discuss. The foremost is the new token subscription, with double happiness from Launchpad Launchpool, allowing the use of BGB for early subscriptions of star tokens, as well as dividing star tokens through staking BGB.
Secondly, using BGB allows participation in a series of promotional activities, such as enjoying a 20% discount when paying with BGB. More creatively, holding BGB allows traders to share 10% of the profit from trades.
Additionally, there are all-weather mining rights in PoolX, as well as wealth management, free withdrawals, VIP privileges, and many other rights. In short, whatever others have, BGB has; whatever can be participated in on-chain, BGB can participate in, bridging the centralized and decentralized worlds to seize every hard-earned profit.
Of course, among all the core rights, the most important is the ability to participate in new token subscriptions, reflecting Bitget's asset discovery capability.
Unlike what many imagine, Bitget once canceled spot trading to focus on building strength in contract trading. When the time was right, spot operations were resumed, and the result was a miracle of ROI.
In 2024, BGB is focused on integrating various rights, while in the 2025 plan, BGB will break free from the shackles of platform tokens, truly becoming a real asset that flows seamlessly across on-chain, off-chain, Web2, and Web3.
Specializing in multiple areas, Bitget will deeply expand institutional and VIP services, creating a more diversified user structure;
Connecting with the BTC ecosystem, public chain ecosystem, and DeFi ecosystem, allowing more real trading links to become value transfer places for BGB;
Breaking down barriers between Bitget U cards and merchants, allowing payments, stablecoins, and more crypto assets to become real consumption capabilities.
Ethereum is Money, while BGB is an asset, an asset that transcends the definitions of cryptocurrency and platform tokens. Let's witness it together in 2025!
Serving ordinary people, 2025 is the right time for a turnaround
The history of platform tokens is essentially the history of the iteration of trading venues. This is not just the history of CEX; DEX can even be included, as dYdX proved the feasibility of on-chain contracts, while Hyperliquid has taken it to the extreme. Similar to Bitget, Hyperliquid also first developed the contract market before developing the spot market, placing Hype at the core of its ecosystem, without exception.
Great products are similar, and Bitget has proven the reliability of its strategy six years ago.
In 2024, Hyperliquid and Bitget become twin stars of DEX and CEX. Hyperliquid's airdrop has created a group of retail investors who are neither poor nor rich but have expectations, making them more actively participate in market liquidity. Hyperliquid's unique auction token model also attracts more projects to launch on Hyperliquid.
A slight comparison shows that HyperLiquid benefits from decentralized technology and governance structure, achieving a daily income level of $50,000 with 300,000 users, while Bitget's team of over a thousand serves 45 million global users, with high-quality service yielding $3 million in daily income.
Different development philosophies represent the same path of progress. The core of exchanges is to enhance asset issuance and pricing capabilities. Hyperliquid can provide 50x leverage, while Bitget supports up to 125x. Despite various differences, the similarity between Hyperliquid and Bitget lies in the wealth effect on their respective token-holding communities. We can even quantify this wealth effect.
Suppose an ordinary friend, Xiao G, chooses to invest in crypto assets regularly, especially since the U.S. president openly supports Bitcoin. He looks at BTC/ETH, which are indeed good assets but too expensive, while BGB is more suitable for his current situation.
Xiao G sets his investment amount at 100,000 RMB for the year, deciding to invest about 10,000 RMB each month.
Assuming Xiao G invests $1,000 monthly at the beginning of the year, we can clearly see that as BGB's price increases, the amount of BGB that can be bought with $1,000 each month decreases, but the dollar-denominated purchasing power continues to rise. Adding the launchpool returns, by the end of the year, he could obtain 13,529 BGB, with a total cost of only $12,000. At the closing price at the end of December, 1 BGB = $6, the calculated value would be $81,174, yielding a return of 6.7 times.
Moreover, it is important to note that this does not include the 23 LaunchPools and one LaunchPad benefits that Bitget will launch in 2024. If these returns are included and reinvested each time, he could earn $10,565, which would be purely passive income.
Conclusion
In 2025, BGB dividends will continue to overflow.
Days are short, and in 2024, BGB began its merger with BWB, but this is just an appetizer. The main event is the start of BGB's buyback mechanism, with a one-time destruction of 800 million tokens, valued at $5 billion at market price, ensuring price stability. Bitget is serious.
A major trend in 2025 will be the integrated development of DEX and CEX. BGB's next step must empower the on-chain ecosystem, stepping out of Bitget's own greenhouse to face greater waves.
For instance, after the merger news was made public, BGB's price quickly rose, ultimately breaking through the historical high of $8.5, with an increase of over 30%. The overall coordination of the internal ecosystem will also bring stronger market perception, with Bitget Wallet users reaching 60 million, and a user base of over 100 million will open up more imaginative space for BGB.
Of course, relying solely on buybacks will temporarily boost the token price. For example, after the destruction news was announced, the market cap exceeded $10 billion, ranking 16th, but it began to decline after the positive news. Ultimately, the long-term value of a token still needs real use cases to support it.
Currently, Bitget is undoubtedly one of the leading exchanges globally, and BGB has also reached the forefront of platform tokens. As for Bitget's overall ranking in 2025, how much anticipation is there for the reveal?
Everything is in progress. In 2025, let's witness more intense development of platforms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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