What could affect the price of BGB?
The price of Bitget Token (BGB) is influenced by a mix of aggressive token management and efforts to grow its ecosystem.
- Large Token Burn – 220 million BGB tokens destroyed, reducing supply significantly
- Morph Integration – BGB now serves as the gas and governance token for a Layer 2 blockchain with over 120 million users
- Exchange Token Market Volatility – Competition and market swings in exchange tokens increase investment risks
In-Depth Analysis
1. Strong Deflationary Measures (Positive for Price)
Overview:
On September 2, 2025, Bitget moved 440 million BGB tokens held by its team to the Morph Foundation. Half of these tokens (220 million) were immediately burned, cutting the total supply by 24%. The other half is locked and will gradually unlock at 2% per month. Additionally, a new burn mechanism links token burning directly to activity on the Morph blockchain until the total supply drops to 100 million (Morph Foundation).
What this means:
This rapid reduction in available tokens could increase scarcity, potentially driving up the price. For context, a previous burn of 800 million BGB in December 2024 led to a 660% price increase.
2. Adoption of Morph Layer 2 Blockchain (Mixed Effects)
Overview:
BGB has become the native token for Morph, a Layer 2 blockchain focused on payments, which has reached a peak total value locked (TVL) of $150 million. Bitget Wallet’s 120 million users now have access to this network. However, the success of this integration depends on developers moving their apps to Morph and forming partnerships with stablecoin providers (Cointelegraph).
What this means:
If Morph’s TVL grows, BGB’s price could rise accordingly—historically, a 10% increase in TVL has led to a 6-8% price gain for BGB. On the downside, slow adoption by developers could delay increased demand for BGB.
3. Volatility in Exchange Token Market (Potential Downside)
Overview:
On September 27, 2025, tokens like BNB (+3.3%) and FTT (+3%) surged following rumors of Kraken’s $20 billion acquisition. Despite a 21.85% gain over 60 days, BGB remains 39% below its all-time high, showing sensitivity to market sentiment around centralized exchanges (CEX) (Coinspeaker).
What this means:
Negative news in the exchange token sector, such as collapses similar to FTX, could lead to sharp sell-offs. BGB’s market cap dominance is 0.093%, making it vulnerable to shifts in Bitcoin’s dominance, which currently stands at 58.3%.
Conclusion
The future of BGB depends on how well the Morph integration is executed and how it weathers volatility in the exchange token market. The period from 2025 to 2026 presents two main growth drivers: faster token burns and increased Layer 2 adoption. However, investors should keep an eye on Morph’s developer activity and regulatory developments affecting centralized exchanges.
Key Metric to Watch: Weekly active addresses on the Morph blockchain—if this number surpasses 500,000, it would indicate strong ecosystem growth.
What are people saying about BGB?
Holders of Bitget Token (BGB) are excited about recent token burns and new real-world uses, but there’s concern about a few large holders controlling most of the supply. Here’s the latest:
- 440 million BGB moved to Morph Chain – half of these were burned, and the other half locked to support ecosystem growth
- 30 million BGB burned in Q2 (worth about $138 million) – total supply down 5% so far this year
- Strong passive income options – Launchpool annual percentage rates (APRs) reached up to 329%, outperforming competitors like BNB and OKB
- Mixed price outlook – optimistic investors target $16 by 2025, while cautious ones warn about price swings caused by large holders
In-Depth Look
1. @MFaarees_: Positive news on Morph Chain integration
"440 million BGB transferred to Morph Foundation – 220 million burned immediately, 220 million locked with 2% unlocking monthly. BGB will serve as Morph’s gas and governance token."
– @MFaarees (12.3K followers · 18K impressions · Sept 3, 2025)
[View original post](https://x.com/MFaarees/status/1963182579378430429)
What this means: This is good news for BGB because it expands its use beyond just exchange discounts to powering a Layer 2 blockchain. However, the locked tokens could create selling pressure when they gradually unlock.
2. CoinMarketCap: Token burns reduce supply
"Bitget burned 30 million BGB (worth $138 million) in Q2 2025, cutting total supply by 5% since January. A total of 860 million BGB has been burned since December 2023."
– CoinMarketCap community post (July 12, 2025)
View original post
What this means: Burning tokens reduces the total supply, which can increase scarcity and potentially support the price. The circulating supply dropped from 1.2 billion to 1.14 billion BGB this year, but the impact depends on continued platform use.
3. @bitgetglobal: Strong passive income opportunities
"BGB Launchpool showed an average 12% return over 30 days, compared to a -41% return for Binance pools. In July, APRs reached 329% for ZKF staking."
– @bitgetglobal (1.2M followers · 480K impressions · July 17, 2025)
View original post
What this means: BGB’s yield products are attractive for holders looking for passive income, outperforming some competitors. However, very high APRs can also signal higher risks in the projects behind these returns.
4. AMBCrypto: Large holders pose risks
"72% of BGB is held by the top 10 wallets. Long position liquidations reached $38 million, compared to $6.85 million in shorts near the $5.20 resistance level."
– AMBCrypto analysis (Sept 3, 2025)
View original post
What this means: The concentration of BGB in a few wallets is a risk factor. If these large holders decide to sell during price spikes, it could cause significant price swings.
Conclusion
The outlook for Bitget Token (BGB) is mixed. There’s optimism around expanding its real-world uses and reducing supply through token burns, but concerns remain about the risks from concentrated ownership. The Morph Chain partnership and a 5% supply cut (30 million BGB burned in Q2) add scarcity, but with 72% of tokens held by a few whales and $38 million in leveraged long positions near $5.20, volatility is likely. Keep an eye on how quickly the Morph Chain is adopted and BGB’s circulating supply (currently 696 million). If the Web3 integration succeeds, prices could surpass $10, but failed breakouts might push the price back toward $4.40 support.
What is the latest news about BGB?
Bitget Token (BGB) is making strategic moves with token burns and partnerships to boost its ecosystem. Here’s a quick summary of the latest updates:
- Morph Partnership Completed (September 4, 2025) – 220 million BGB tokens were permanently removed (burned), and another 220 million were locked to support Morph’s Layer 2 blockchain growth.
- ZKC Launchpool Rewards (September 15, 2025) – Users earned new tokens by staking BGB for a limited time.
- Q2 Token Burn Completed (July 10, 2025) – 30 million BGB tokens, worth about $138 million, were taken out of circulation.
In-Depth Look
1. Morph Partnership Completed (September 4, 2025)
What happened:
Bitget transferred 440 million BGB tokens to the Morph Foundation, which is building a Layer 2 blockchain focused on payment solutions. Half of these tokens (220 million) were immediately burned, reducing the total supply by about 3.3%. The other half (220 million) will be gradually released at a rate of 2% per month over roughly four years. These tokens will be used to support the ecosystem, including developer funding and liquidity incentives.
Why it matters:
This is a positive development for BGB because it links the token’s long-term use to Morph’s network, where BGB will serve as a gas and governance token. The gradual release schedule helps prevent sudden selling pressure, while the token burn helps reduce inflation. However, the success of this plan depends on Morph gaining widespread adoption to justify unlocking those tokens in the future. (Cointribune)
2. ZKC Launchpool Rewards (September 15, 2025)
What happened:
Bitget launched a reward program offering 755,000 ZKC tokens to users who staked their BGB tokens. The event lasted 48 hours, with VIP users allowed to stake up to 50,000 BGB each.
Why it matters:
This move is somewhat positive for BGB. Staking encourages users to hold their tokens, which can reduce selling pressure in the short term. However, the value of ZKC depends on the success of Boundless, the zero-knowledge (ZK) protocol behind it. Successful reward programs like this help position BGB as a gateway token for new projects. (Bitget)
3. Q2 Token Burn Completed (July 10, 2025)
What happened:
Bitget burned just over 30 million BGB tokens in the second quarter of 2025, which is about 2.56% of the total supply. This burn is part of a regular quarterly program tied to platform transaction fees. During this period, the average value of BGB was around $4.60.
Why it matters:
Token burns reduce the total supply, which can support price growth if demand stays steady or increases. This ongoing burn program shows Bitget’s commitment to managing supply. However, the market’s reaction was mild, with BGB’s price dropping slightly by 1.3% within 24 hours, indicating that investors may have already expected this event. (Bitget)
Conclusion
Bitget Token (BGB) is focusing on increasing its usefulness through the Morph partnership and controlling supply with regular token burns. While competition among exchange tokens is strong, these steps support BGB’s long-term value. The key question remains: will Morph’s growth keep pace with the gradual unlocking of tokens?
What is expected in the development of BGB?
Bitget Token (BGB) is rolling out a plan to increase its usefulness, reduce the number of tokens available, and strengthen its role in the Web3 space.
- Morph Chain Integration (September 3, 2025) – BGB will become the main token for transaction fees and governance on Morph’s Layer 2 network, with significant token burns.
- Q3 2025 Token Burn (Third Quarter 2025) – Token burns will be tied to actual network activity, reducing supply dynamically.
- Boundless Launchpool (September 16, 2025) – Users can stake BGB to earn rewards in ZKC tokens.
- Supply Reduction to 100 Million Tokens (2026 and beyond) – A long-term plan to reduce total BGB supply significantly.
Deep Dive
1. Morph Chain Integration (September 3, 2025)
What happened: Bitget moved 440 million BGB tokens held by its team to the Morph Foundation. Half of these (220 million) were immediately burned (permanently removed), and the other half are locked, with a small portion released monthly to support the ecosystem (Bitget Announcement). BGB will now serve as the gas (transaction fee) and governance token on Morph’s Layer 2 blockchain, and it will be integrated with Bitget’s wallet and payment systems.
Why it matters: This shift makes BGB more useful beyond just being a token on a centralized exchange (CEX). Burning and locking tokens reduce the amount available for sale, which can help support the token’s value. Morph’s focus on payments could increase BGB’s use, but there are risks since Morph’s technology is new and not fully tested, and some concerns exist about how centralized it is.
2. Q3 2025 Token Burn (Third Quarter 2025)
What happened: Bitget updated its token burn process so that the number of tokens burned each quarter depends on how much the network is used. In the second quarter of 2025, 30 million BGB tokens were burned (Q2 Burn Data). With Morph integration expected to increase transactions, the third quarter burns could be even higher.
Why it matters: Burning tokens reduces the total supply, which can create scarcity and potentially increase value. The circulating supply dropped from 919 million to 696 million after recent burns. However, this depends on how much Morph’s network is used, which can vary.
3. Boundless Launchpool (September 16, 2025)
What happened: Bitget is launching a new staking program where users can stake BGB tokens to earn ZKC tokens, which are part of Boundless, a protocol that uses zero-knowledge proofs to improve blockchain scalability (Launchpool Details). Bitget has previously offered high-yield staking opportunities with BGB, sometimes reaching over 300% annual percentage yield (APY).
Why it matters: This encourages people to hold and stake BGB, increasing demand. However, the rewards depend on how well ZKC performs in the market. Previous tokens offered through similar programs have seen price increases after listing, but there’s no guarantee this will happen again.
4. Supply Reduction to 100 Million Tokens (2026 and beyond)
What happened: The Morph Foundation plans to continue burning BGB tokens based on network activity until the total supply is reduced to 100 million tokens (The Defiant). Currently, there are about 696 million BGB tokens in circulation.
Why it matters: Reducing the supply by about 85% could make BGB more scarce and valuable over time. However, this process will take several years and depends heavily on Morph’s growth. Also, a small number of holders control a large portion of BGB (72% held by the top 10 wallets), which could affect price stability.
Conclusion
Bitget Token’s roadmap focuses on making BGB more useful through Morph integration, reducing supply with token burns, and encouraging ecosystem participation via staking programs. While these changes are promising, the token’s success depends on how well Morph’s network grows and how the influence of large holders is managed. It remains to be seen if BGB’s move into Web3 infrastructure will outpace competitors like OKB, which is also developing Layer 2 solutions.
What updates are there in the BGB code base?
Bitget Token (BGB) underwent significant updates in its code during the second and third quarters of 2025, focusing mainly on how the token is managed and its economic model.
- Morph Partnership & Governance Change (September 3, 2025) – BGB became the gas and governance token for the Morph blockchain. As part of this, 220 million tokens were burned (permanently removed from circulation) and another 220 million were locked for future use.
- New Burn Mechanism Based on Network Usage (April 9, 2025) – The token burn process was updated to be directly linked to actual network activity, making it more transparent and helping reduce the total supply over time.
Deep Dive
1. Morph Partnership & Governance Change (September 3, 2025)
Overview:
Control over BGB’s code and token management shifted to the Morph Foundation. They now oversee how tokens are burned and the future development roadmap. Bitget transferred 440 million BGB tokens to Morph, burning half immediately and locking the rest to support the ecosystem.
What this means:
This change is generally positive for BGB because it spreads out control and ties token burns to Morph’s blockchain activity, which could make BGB scarcer and more valuable. However, some security audits have raised concerns about Morph’s code, pointing out risks like centralization and unproven fraud protection.
(Source)
2. New Burn Mechanism Based on Network Usage (April 9, 2025)
Overview:
Bitget updated BGB’s burn formula so that the number of tokens burned depends on how much the network is used. For example, in Q2 2025, burning 1,058 BGB triggered a larger burn of 30 million BGB tokens.
What this means:
This is a positive development because token burns now increase with real demand, creating a cycle that reduces supply as usage grows. The process is fully transparent, and anyone can verify burn data on the blockchain.
(Source)
Conclusion
The recent updates to Bitget Token’s code focus on reducing supply through burns and decentralizing control via the Morph partnership. While this partnership could increase BGB’s usefulness, the security concerns around Morph should be watched closely. The key question is whether the reduction in BGB supply will keep up with changes in demand in the coming months.
Why did the price of BGB fall?
Bitget Token (BGB) dropped 1.01% in the last 24 hours, slightly underperforming the overall crypto market, which fell 0.74%. This decline is mainly due to traders taking profits after recent gains, resistance around the $5.23 price level, and a neutral market mood.
- Profit-Taking After Recent Gains – BGB jumped 15% in early September 2025 after partnering with Morph Chain but is now facing selling pressure near key resistance levels.
- Market-Wide Weakness – Bitcoin fell below $112,000, pulling down tokens like BGB as investors become more cautious.
- Technical Resistance – BGB’s price struggles to stay above important levels at $5.23 and $5.22.
Deep Dive
1. Profit-Taking After Rally (Bearish Impact)
Overview:
On September 3, 2025, BGB rose 15% following Bitget’s partnership with Morph Chain, which included burning 220 million tokens and locking another 220 million. However, the price couldn’t hold above $5.44, leading traders to sell and take profits.
What this means:
The rally lost momentum as trading volume dropped 6.5% in the past day. Short-term investors likely sold near resistance, putting downward pressure on the price. Historically, BGB tends to pull back after quick price jumps unless there’s significant growth in its ecosystem.
What to watch:
Whether BGB can stay above its 30-day simple moving average (SMA) at $5.05, a key support level linked to its recent monthly gains.
2. Broader Market Drag (Mixed Impact)
Overview:
Bitcoin’s price fell 1.4% to $111,800 during the same period, influenced by cautious comments from Federal Reserve Chair Jerome Powell and a rise in gold prices. Tokens tied to exchanges, like BGB, often move with Bitcoin because their value depends on trading activity.
What this means:
The overall crypto market sentiment is neutral (Fear & Greed Index at 42/100), leading to less appetite for risk and weaker performance among altcoins. BGB’s 1.01% drop is similar to other exchange tokens like OKB (-1.45%) but better than BNB (-1.85%).
What to watch:
If Bitcoin can climb back above $112,000, it may help stabilize BGB. Continued weakness in Bitcoin could push BGB lower.
3. Technical Resistance & Whale Risk (Bearish Impact)
Overview:
BGB faces resistance at $5.23 (a pivot point) and $5.22 (the 23.6% Fibonacci retracement level). Additionally, 72% of BGB’s supply is held by just 10 wallets, which could lead to big price swings if these holders decide to sell.
What this means:
The MACD indicator shows bearish momentum, with the histogram turning negative (-0.0086). Many traders have high-leverage long positions (25x to 50x) between $4.44 and $5.20, which could increase volatility if liquidations occur.
What to watch:
A price close above $5.23 could break the bearish trend, while falling below $5.00 might push BGB down to $4.70 (the 78.6% Fibonacci level).
Conclusion
BGB’s recent dip is due to a combination of profit-taking, uncertainty linked to Bitcoin’s price, and technical resistance. Its deflationary token model—highlighted by burning 30 million BGB tokens in Q2 2025—offers long-term support, but short-term risks depend on Bitcoin’s direction and actions by large holders.
Key point: Can BGB hold the $5.00 support level amid today’s $324 million in spot trading volume? A drop below this level could signal a deeper correction.