Bitget has successfully executed its Q1 token burn for $BGB, implementing a deflationary mechanism that reduces the total supply. This strategic move aims to potentially impact token value through controlled supply reduction.
Key Points:
- Burn transaction verified on Etherscan
- Part of scheduled quarterly token burns
- Follows deflationary tokenomics model
Verify burn details: Etherscan Transaction
We're happy to share the Q1 $BGB token burn was successfully completed! Deflationary = Supply down. Value ? 👆 @bitgetglobal 🔥 Full burn details: etherscan.io/tx/0xb70fe8fbe…
#Bitget completed the Q1 2025 $BGB burn, with a total of 30,006,905 BGB removed from circulation, worth approximately $130M. 🔥 Check out more: bitget.com/support/articl…
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