Bitget Token BGB
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Key Facts
What is BGB token? BGB is a decentralised token that is the primary token of Morph's blockchain, serving as the gas, governance, and payment token across the layer. Who Are the Founders of Bitget Token? Launched in 2021, Bitget Token (BGB) was initially positioned as the platform token for the Bitget exchange and Bitget Wallet. Behind Bitget is a team of visionary early adopters dedicated to a blockchain-powered future. The leadership team is comprised of seasoned professionals with experience at global giants like Goldman Sachs, Facebook, and Binance, including CEO Gracy Chen, COO Vugar Usi Z
- Market Cap Rank: #56
- Total Supply: 913,931,281 BGB
- Max Supply: 2,000,000,000 BGB
- Circulating Supply: 699,992,036 BGB
- Locked Ratio: 23.4%
- All-Time High (USD): $8.45 (2024-12-27)
- All-Time Low (USD): $0.014280 (2020-06-25)
- Fully Diluted Valuation: $1,945,246,929
- Categories: Exchange-based Tokens, Centralized Exchange (CEX) Token, Ethereum Ecosystem, DragonFly Capital Portfolio, Morph L2 Ecosystem
Bitget Token (BGB) market structure
Derived from this coin's own rank, all-time high and low, supply figures and category tags — not from a template. Every figure below is stated with the date or ratio it came from.
What BGB actually is on-chain
Bitget Token is an ERC-20 deployed on Ethereum, at contract address 0x54d2252757e1672eead234d27b1270728ff90581. That address, not the ticker BGB, is what uniquely identifies this asset: anyone can deploy a second token calling itself BGB, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.
Because it lives on Ethereum, BGB is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in BGB itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.
For BGB the project publishes a whitepaper and an active account as @bitgetglobal. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.
Where BGB sits in the market
At #56, Bitget Token sits in the bottom of the large-cap band, adjacent to the mid-cap cut-off. Down here the large-cap label is doing less work than it appears to. BGB is one revision away from the mid-cap band, and the practical consequences of crossing that line — index eligibility, market-maker commitments, how much size the book absorbs — change well before the ranking does.
We are not currently receiving a live BGB order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. BGB is a Ethereum asset, so whatever turnover exists is most likely in Uniswap-style AMM pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.
BGB against its all-time high
Bitget Token's record high is $8.45, set on 2024-12-27. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set roughly 2 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live BGB price — a stale or single-pool number would make that percentage look precise when it is not.
BGB across its historical range
BGB has traded across a 592x range, between $0.0143 and $8.45. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.
The record low of $0.0143 was printed on 2020-06-25 — 6 years ago. We have no live quote to measure the current distance from it.
BGB supply structure
BGB is capped at 2.00 billion BGB, of which only 700.0 million is circulating — 35.0% issued, leaving 1.30 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.
What kind of asset BGB is
Bitget Token is an exchange-issued token, which makes it a leveraged bet on one company. Its value tends to track that venue's trading volume, its fee-discount and burn mechanics, and — critically — its regulatory standing. Concentration is the defining feature: a single enforcement action against the issuing exchange affects this asset in a way that no market-wide analysis will predict.
CoinGecko files BGB under 6 categories, including Exchange-based Tokens, Centralized Exchange (CEX) Token, Ethereum Ecosystem, DragonFly Capital Portfolio, Morph L2 Ecosystem. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.
How to set a Bitget Token alert that is worth receiving
Bitget Token is the ERC-20 at 0x54d2…0581 on Ethereum — high dated 2024-12-27 — rank #56. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.
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