Bitget Nukes $1.4B in $BGB Tokens, Kicks Off Massive Burn Plan

220M $BGB tokens just got sent to a dead address - permanently out of circulation.

That’s a $1.4 billion burned to start Bitget’s deflationary overhaul.

This is just phase one of their 800M-token burn (40% of total supply), outlined in their new whitepaper.

It’s all about tightening supply, driving value, and making $BGB a key player.

Since the burn buzz started, $BGB’s price has ripped 55% in seven days, landing it among top gainers.

Source: Null TX$BTC