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Bitget's 30M BGB Burn: Hype or a Step Towards Real Value?
I’ve been watching all the chatter about how exchange tokens keep evolving some folks even say burns are just hype. Honestly, I get the skepticism. But this latest move caught my eye: Bitget’s quarterly burn, wiping over 30 million BGB from circulation.For a space where trust is shaky, seeing them publish all the burn data transparently feels like a step in the right direction. Makes me wonder if these burn strategies really can drive long-term value or if it’s just another cycle of hype and dump. I’m curious how other holders see BGB’s approach or something that might actually pay off over time?
Have meme coins matured, or are we still guessing right before the breakout?
I’ve been thinking a lot about how new tokens quietly build momentum before going public. First it was $ANI, then $USELESS, both started low-key, then surged after Bitget Onchain exposure.
Now, EGL1 is showing similar signs. It started in the wallet, got some traction through a reward promo, and now there’s a CandyBomb campaign lined up as it heads to spot trading. It’s not just about hype, it feels like another case of steady grassroots growth turning into something bigger.
I’m not rushing in blindly, but I’m watching this one closely. Has anyone else noticed how many strong meme plays are coming out from Web3 wallets lately?
