Odaily Planet Daily News Bitget announced that 30,001,053.1 BGB will be destroyed in the second quarter of 2025, accounting for about 2.56% of the circulation, with a total value of about 138 million US dollars. The corresponding number of BGB will be sent to the destruction address, and the on-chain record will be announced after completion.
Previously, Bitget Token (BGB) updated and upgraded the destruction plan. The new destruction mechanism is based on the actual use scenarios of BGB, linked to the "on-chain gas fee", and based on the actual use scenarios of BGB to ensure community transparency. The first quarterly destruction was completed on April 17.
Current CoinMarketCap data shows that BGB has a market value of approximately US$5.1 billion, ranking 27th in the global crypto asset list and third among the global centralized exchange (CEX) platform coins.