Cryptocurrency Bitget Token, an asset not deservedly deprived of attention

Almost every day in the news you can find recommendations to buy this or that cryptocurrency; the authors of such articles predict fabulous growth of unremarkable assets.

But at the same time, some quite interesting altcoins remain unnoticed, although they have a much greater chance of growth than various meme coins.

One of these cryptocurrencies is Bitget Token, which is currently a fairly undervalued cryptocurrency.

Bitget Token (BGB) is the native utility token of the Bitget exchange, a centralized cryptocurrency exchange founded in 2018.

BGB launched in July 2021 and has since become an important part of the Bitget ecosystem, offering holders a number of benefits such as:

 

• Reduced Trading Fees: BGB owners receive discounts on trading fees on the Bitget exchange.
• Launchpad Participation: BGB is used to access Bitget's Launchpad, where you can participate in initial offerings (IDOs) of promising crypto projects.
• Participation in voting: BGB gives the right to vote in decisions regarding the development of the Bitget exchange.
• Earn Interest: BGB can be locked for a specific period to earn interest.
• Access to exclusive products and services: BGB owners have access to exclusive products and services not available to regular users.

In principle, Bitget Token is not that much inferior to one of its competitors, Binance Coin, but unlike BNB, the price of Bitget Token is at a fairly low level.

Today, Binance Coin costs 607 US dollars, and Bitget Token costs only 1.15 dollars.

Someone will say, but the Binance exchange is more popular than Bitget, and the number of Binance Coins in circulation is several times smaller.

So why does Bitget Token have good prospects?

Let's start with the number of coins that are currently in circulation:

Binance Coin – 0.147 billion

Bitget Token – 1.4 billion

That is, the number of coins in circulation of Bitget Token is ten times greater than the number of Binance Coins. While the price difference is more than 500 times.

Based on this, we can say that with a successful combination of circumstances, the price of Bitget Token will increase 50 times and reach more than $50 per coin.

At the same time, the capitalization of this cryptocurrency will be 80 billion, which is a completely normal value.

It is clear that everything in the cryptocurrency market is quite illusory and there is no need to talk about a hundred percent probability of this forecast.

But still, the growth of Bitget Token to $50 per coin is more realistic than all these fabulous forecasts for meme coins.