Bitget’s Strategic Token Burn Removes 40% of BGB from Circulation

Crypto exchange Bitget has completed the initial burn of its native token, BGB. This reduced the total supply of BGB by 40% in an attempt to increase its value in the long term. BGB is an ERC-20 token that operates on the Ethereum blockchain. All About Bitget’s Token Burn On December 30, Bitget announced that it burned 800 million BGB tokens, reducing the total supply from 2 billion to 1.2... source: https://beincrypto.com/bitget-burns-800-million-bgb/