BGB Token Crash: What Caused the Shocking 50% Crash?

On October 7, Bitget’s platform token, BGB, experienced a sudden and sharp drop in value. The token fell over 50%, plunging from $1.14 to as low as ¥0.53 before beginning to recover. The cause of this drastic fall remains unclear. This isn’t the first time such an incident has occurred in the crypto space. Earlier … source: https://coinpedia.org/crypto-live-news/bgb-token-crash-what-caused-the-shocking-50-crash/