Bitget Token Cryptocurrency: An Undeservedly Overlooked Asset

Almost every day, you can find recommendations to buy one cryptocurrency or another in the news, with the authors of such articles predicting the meteoric rise of otherwise unremarkable assets.

But at the same time, some rather interesting altcoins remain unnoticed, despite having a much greater chance of growth than various meme coins.

One such cryptocurrency is Bitget Token, which is currently a rather undervalued cryptocurrency.

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

BGB was 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 holders 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 discovery offerings (IDOs) of promising crypto projects.
• Voting participation: BGB gives the right to vote in decisions regarding the development of the Bitget exchange.
• Interest Earning: BGB can be locked for a certain period of time to earn interest.
• Access to Exclusive Products and Services: BGB holders 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 quite low.

Binance Coin is trading at $607 today, while Bitget Token is only $1.15.

Some might say, however, that Binance is more popular than Bitget, and the amount of Binance Coin in circulation is several times smaller.

So why does Bitget Token have good prospects?

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

Binance Coin – 0.147 billion

Bitget Token – 1.4 billion

This means the circulating supply of Bitget Token is ten times greater than that of Binance Coin, while the price difference is more than 500 times.

Based on this, we can say that, under favorable circumstances, the price of Bitget Token will grow 50 times and reach more than $50 per coin.

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

It's clear that the cryptocurrency market is a rather illusory place, and there's no point in talking about a 100% probability for this forecast.

But still, Bitget Token's growth to $50 per coin is more realistic than all these fairy-tale predictions about meme coins.