Bitget Token (BGB), the utility token of the Bitget crypto exchange, has reached a new all-time high after surging 18% in the last 24 hours. This comes despite a broader market downturn. The increase in BGB's trading volume, which has now exceeded $1 billion, suggests growing interest in the cryptocurrency. The token's price briefly reached $6.55 but has now retraced to $6.40. However, 100% of token holders are still in profit. On-chain data indicates that the market may not have reached its top yet, with indicators suggesting that the token's price may continue to rise. The altcoin may surpass its previous high and could potentially surge to $10. However, if holders start selling, the potential for a new all-time high would be invalidated, and the price could drop to $3.64.



Other News from Today