BCGAME - Free 5BTC Daily Bonus!Bitget, one of the leading exchanges in the sector, announced on December 26th a significant change in its ecosystem: the merger of Bitget Wallet Token (BWB) with Bitget Token (BGB). This unification promises to further integrate the services of the centralized exchange with the decentralized wallet Bitget Wallet, opening up new possibilities for users.
The news boosted Bitget token prices today. The Featured The market leader is the cryptocurrency Bitget Token (BGB), which has seen an impressive 21.8% increase in the last 24 hours, the highest among the top 100 crypto assets, and is trading at $8,43. Its rise has led the token to set a new all-time high today. The highest price paid for Bitget Token (BGB) was $8,45, recorded approximately 1 hour ago. In a week, the BGB token has seen a 122.3% increase.
In a strategic move, Bitget seeks to strengthen its ecosystem by consolidating its tokens into a single asset, BGB. The merger aims to enhance user experience by offering greater integration between platforms and expanding BGB’s use cases.
“Over the past year, Bitget Token (BGB) has experienced exponential growth in its holder base and market capitalization, driven by continued support from Launchpool and the expansion of new use cases. To further integrate on-chain and off-chain use cases and enable the Bitget Wallet Token (BWB) community to share the benefits of the Bitget ecosystem, we are excited to announce the merger of BWB and BGB, following strong community recommendations. Following the merger, BGB will become the unified ecosystem token for Bitget and Bitget Wallet.”
According to release According to Bitget’s official announcement, following the merger of BGB and BWB, BGB will act as the core fuel for the exchange, fully unlocking its potential in on-chain applications. BGB will be integrated with major public chains and major DeFi ecosystems, enabling on-chain trading services while gradually becoming a core staking asset for major lending and staking protocols. Additionally, as explained by the developers, BGB will integrate with the Bitget Wallet, powering features such as Fair Launchpool and multi-chain gas fee payments in most on-chain scenarios.
“From 2025, BGB will also expand into offline PayFi applications, enabling seamless payments across multiple consumption scenarios including dining, travel, gasoline and shopping. This will provide users with a complete Web3 + finance + consumption solution,” he highlighted.
It is important to highlight that the merger will not affect the total supply of BGB, and the exchange rate will be approximately 11,68 BWB to 1 BGB. Starting today, BWB-related services will be discontinued on the Bitget platform.
