Utility Expands that Could Follow it's Path...
I still remember when I first noticed BNB years ago. Back then, most traders (myself included) thought it was just another exchange token. Fast forward a few years & it became the backbone of Binance’s entire ecosystem, running its own chain & shooting from $20 to $800+. OKX did something similar with OKB, especially after launching X Layer.
Now Bitget seems to be heading in the same direction with its token $BGB. The latest move is a partnership with Morph, which gives $BGB an actual on-chain role not only as a CEX token but also as gas & governance for the Morph Chain. They’re even tying it into PayFi solutions like QR payments, crypto cards, and online payments.
Traders on-chain are already talking about possible $16–$20 targets if the ecosystem develops the way BNB’s didWhat do you guys think is this just another exchange token hype cycle, or does Bitget’s Morph move actually put $BGB in the same league as BNB and OKB?
CryptoLite posted:I still remember when I first noticed BNB years ago. Back then, most traders (myself included) thought it was just another exchange token. Fast forward a few years & it became the backbone of Binance’s entire ecosystem, running its own chain & shooting from $20 to $800+. OKX did something similar with OKB, especially after launching X Layer.
Now Bitget seems to be heading in the same direction with its token $BGB. The latest move is a partnership with Morph, which gives $BGB an actual on-chain role not only as a CEX token but also as gas & governance for the Morph Chain. They’re even tying it into PayFi solutions like QR payments, crypto cards, and online payments.
Traders on-chain are already talking about possible $16–$20 targets if the ecosystem develops the way BNB’s didWhat do you guys think is this just another exchange token hype cycle, or does Bitget’s Morph move actually put $BGB in the same league as BNB and OKB?
In my opinion, BGB is at an early stage of a huge leap. Just like you said BNB started off like this before hitting the level it is today. And following the steady development in BGB's ecosystem it certain BGB's value will definitely be on the rise. Bitget partnership with Morph Layer speaks volume, with the increase in its use cases and Morph Layer CEO also admitting that onchain traders are diving into the ecosystem. I'm sure it will reach above $20.
