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Bitget announces the merger of BWB and BGB tokens to strengthen ecosystem

Bitget, a cryptocurrency exchange and wallet, has announced the integration of its Bitget token (BGB) with its wallet. This integration aims to enhance user experience and expand the application possibilities of the token. The market value of BGB has reached over $9.32 billion, with its price reaching an all-time high of $6.82. The trading volume for BGB has also increased by 271% in the past 24 hours. Bitget aims to support ecosystem growth by increasing the use cases of BGB and its presence across various platforms. The integration will deepen BGB's involvement with popular public chains and DeFi ecosystems. Additionally, BGB will be incorporated into the Bitget Wallet application for on-chain functions and will serve as a staking asset. Starting in 2025, BGB will also be usable in real-world transactions. The merger between Bitget token and Bitget wallet will have a conversion rate of 0.08563, allowing users to exchange 100,000 BWB tokens for 8,563 BGB tokens.

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