Bitget Burns 30 Million BGB Tokens in Q1 2025—What It Mean for BGB Prices

Bitget is ramping up its deflationary strategy for the BGB token by initiating large-scale token burns.   In today’s fiercely competitive centralized exchange market, could token burning become a key tool to enhance the intrinsic value of exchange-native tokens? Bitget’s Token Burn Strategy According to Bitget’s latest announcement, the exchange burned 30 million BGB tokens in Q1 2025. The BGB circulating supply decreased from 1. 2 billion to approximately 1 source: https://beincrypto.com/bitget-burns-30-million-bgb-tokens-q1/