Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»The cryptocurrency exchange token surged nearly 30%, defying a slump in the digital asset market amid new merger announcements.
ALTCOIN NEWS

The cryptocurrency exchange token surged nearly 30%, defying a slump in the digital asset market amid new merger announcements.

By Crypto FlexsDecember 28, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The cryptocurrency exchange token surged nearly 30%, defying a slump in the digital asset market amid new merger announcements.
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency exchange token has surged nearly 30% this week, defying the broader market downward trend.

Bitget Token (BGB) is trading at $7.37 at the time of this writing, up nearly 28% in the last 24 hours and more than 70% in the past week.

BGB’s gains were partially realized following news that Bitget was planning to merge the token with another native asset, the Bitget Wallet Token (BWB).

BWB, the 638th largest cryptocurrency asset by market capitalization, is down more than 4% in the past day, but is up nearly 45% in the past week.

The Bitget merger will unite both tokens under the BGB label. The exchange said the decision was made in response to community demand.

Gracy Chen, CEO of Bitget, explains:

“By merging BGB and BWB, we are taking an important step toward building a unified and robust ecosystem that connects on-chain and off-chain applications. “This move will improve the utility of BGB and ensure that all holders can benefit from the growth of the Bitget ecosystem.”

Bitget stated that BWB holders on the exchange can automatically exchange BWB for BGB at a rate of 0.08563. This is calculated using the 7-day average closing price of the BWB/USDT pair on Bitget. BGB is currently the 22nd largest cryptocurrency asset by market capitalization.

The overall cryptocurrency market cap fell 4.7% on Thursday, according to CoinGecko.

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025
Most Popular

Bitfinex Lists AIOZ, the Native Token of the AIOZ Network

June 11, 2024

Dogecoin whale emerges from the shadows to buy DOGE

February 22, 2024

Bitcoin is aimed at $ 115K for BTC Supply Metric Epper ‘S Historic Euphoria’zone.

April 29, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.