Abracadabra Acts Quickly as MIM Stablecoin Depeg Intensifies
Abracadabra takes emergency action as MIM stablecoin depeg worsens to $0.8232 amid growing liquidity concerns in June 2026.
BGB · #61 by market cap
+0.09% 1h +1.46% 7d -3.78% 30d -62.26% 1y
Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Data & methodology reviewed by Maya Lin, Markets Editor · last editorial review Aug 2026.
At-a-glance summary generated from live market data. Figures update each refresh cycle; not investment advice.
Bitget Token (BGB) is trading at $1.65, +1.46%% over the past week and -3.78%% over the month, as of Aug 8, 2026. Below is the latest reporting and analysis on Bitget Token from the DMC News desk.
→ Bitget Token price prediction: 2026, 2027, 2030 & 2035 scenarios
All Bitget Token news & analysis from our desk →
Indicators are for informational purposes only and do not constitute investment advice. Past performance does not guarantee future results.
Each candle is one week. The body spans the week's open and close (green when it closed higher, red when lower); the wick marks the weekly high and low. Candles are aggregated from daily closing prices, so weekly highs and lows reflect daily closes rather than intraday extremes. Volume bars below show weekly trading activity.
Our quantitative model projects Bitget Token (BGB) price scenarios from its 51.2% annualised volatility and a downward -62% trailing 12-month trend, with expected returns decaying toward a long-run baseline as the asset matures. At today's price of $1.65, the base case points to roughly $1.60 by end of 2026 and $1.78 by 2035 (a bull case near $3.59, a bear case near $0.6179).
| Year | Bear | Base | Bull | Base ROI |
|---|---|---|---|---|
| 2026 | $1.39 | $1.60 | $1.94 | -3% |
| 2027 | $1.13 | $1.50 | $2.10 | -9% |
| 2028 | $0.9756 | $1.46 | $2.21 | -12% |
| 2029 | $0.8756 | $1.44 | $2.33 | -13% |
| 2030 | $0.8043 | $1.45 | $2.47 | -12% |
| 2035 | $0.6179 | $1.78 | $3.59 | +8% |
A prolonged risk-off market, weaker liquidity or coin-specific setbacks could press BGB toward $0.6179 by 2035. Drawdowns of 50–80% are historically normal for crypto assets.
Steady adoption in line with the broader market puts BGB near $1.78 by 2035 — about +8% versus today.
A strong cycle, accelerating demand or a structural catalyst could lift BGB toward $3.59 by 2035, which would require reclaiming and exceeding its prior all-time high.
The projection is generated algorithmically from Bitget Token's own price history — there is no human price target. We measure realised volatility from up to a year of the asset's own price history (daily where available, otherwise weekly) and anchor a base annual growth rate to recent momentum, then decay that rate toward a conservative long-run baseline (compounding compresses as an asset matures). Bear and bull bands widen with volatility scaled by the square root of the horizon, and the bear case is floored to remain realistic. Outputs are rounded scenario estimates, not guarantees.
Not financial advice. Cryptocurrency is highly volatile and these model-based scenarios can be wrong by a wide margin. Do your own research.
Bitget Token (BGB) trades at $1.65, ranked #61 by market capitalisation. The tables below summarise its performance across timeframes and its core supply and valuation metrics.
| Period | Change |
|---|---|
| 1 hour | +0.1% |
| 24 hours | +2.4% |
| 7 days | +1.5% |
| 30 days | -3.8% |
| 90 days | -18.4% |
| 1 year | -62.3% |
| From all-time high | -80.5% |
| From all-time low | +11,455.0% |
| Market cap | $1.15B #61 |
| Fully diluted valuation | $1.49B |
| 24h trading volume | $6.74M |
| Volume / market cap | 0.6% |
| Market dominance | 0.05% |
| Circulating supply | 699.99M BGB 35% |
| Total supply | 910.92M BGB |
| Max supply | 2.00B BGB |
| All-time high | $8.45 Dec 27, 2024 |
| All-time low | $0.0143 Jun 24, 2020 |
Bitget Token (BGB) is an exchange token tied to a major trading platform, where it is typically used for fee discounts, product access and ecosystem incentives. Its demand is closely linked to the health, volume and regulatory standing of the exchange that issues it. As of August 2026, Bitget Token is the #61 cryptocurrency by market capitalisation, trading near $1.65.
The token is issued on a host blockchain and integrated into the exchange's products — paying reduced trading fees, unlocking launchpad allocations or earning rewards. Many issuers periodically buy back and burn tokens using exchange profits, reducing supply over time.
Bitget Token's price reflects the balance of supply and demand. With a capped maximum supply of 2.00B BGB (35% already circulating), scarcity is a structural part of the story — fresh demand has to compete for a limited float. On the demand side, the main forces are the broader crypto market cycle (assets tend to rise and fall together with Bitcoin and overall liquidity), real usage and adoption of the exchange, macro conditions such as interest rates and risk appetite, and project-specific catalysts like upgrades, listings, partnerships or regulation. At roughly 80% below its all-time high, a meaningful part of any bull case is simply recovering ground already proven possible.
There is no one-size-fits-all answer. Bitget Token offers exposure to a specific corner of the crypto market with its own adoption thesis, but every cryptocurrency carries real risk: prices are highly volatile, drawdowns of 50–80% are historically normal, and outcomes depend on execution, competition and an evolving regulatory landscape. A reasonable approach is to size any position to what you can afford to lose, treat the model-based scenarios above as illustrations rather than promises, and weigh Bitget Token's fundamentals against alternatives. This is information, not financial advice.
Sentiment votes are crowd-sourced and may not reflect actual price movements. Community and dev metrics indicate ecosystem health, not investment quality.
Calculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.
| # | Exchange | Pair | Price | |
|---|---|---|---|---|
| 1 | Bitget | BGB/USDT | $1.62 | Trade ↗ |
| 2 | Ourbit | BGB/USDT | $1.62 | Trade ↗ |
| 3 | MEXC | BGB/USDT | $1.62 | Trade ↗ |
| 4 | GroveX | BGB/USDT | $1.62 | Trade ↗ |
| 5 | Bulbaswap V3 | 0X389C08BC23A7317000A1FD76C7C5B0CB0B4640B5/0XCFB1186F4E93D60E60A8BDD997427D1F33BC372B | $1.62 | |
| 6 | BitKan | BGB/USDT | $1.62 | Trade ↗ |
| 7 | LBank | BGB/USDT | $1.62 | Trade ↗ |
| 8 | Bitget | BGB/EUR | $1.62 | Trade ↗ |
| 9 | Bitget | BGB/BRL | $1.62 | Trade ↗ |
| 10 | Bulbaswap V3 | 0X389C08BC23A7317000A1FD76C7C5B0CB0B4640B5/0X5300000000000000000000000000000000000011 | $1.62 |
Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.
Live market data, refreshed continuously. Click any coin to view its full profile.
Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.
Capped supply — no further issuance possible above 2,000,000,000 BGB.
At $1.65, Bitget Token (BGB) is currently deep in a drawdown from its all-time high. That is 80.5% below the record high of $8.45, and roughly 11,455% above the all-time low of $0.0143.
Momentum-wise, BGB has traded broadly sideways over the past month (+1.46% (7d), -3.78% (30d), -62.26% (1y)). With 24-hour volume at 0.6% of market cap, turnover is relatively thin, so larger orders can move the price more easily. Crypto prices are highly volatile; these readings describe recent history, not a forecast.
As an exchange token, BGB derives utility from its host exchange — trading-fee discounts, launchpad access, and periodic token burns that reduce supply as exchange volume grows.
Because the supply of Bitget Token is hard-capped at 2,000,000,000 BGB, the scarcity narrative — fewer new tokens entering circulation over time — is a core part of its investment thesis.
Like nearly all crypto assets, BGB also trades with a strong correlation to Bitcoin and to overall risk appetite. Macro liquidity, US-dollar strength, interest-rate expectations, regulatory headlines and new exchange listings can all move the price independently of project fundamentals.
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 Zade, and CLO Hon Ng.
In September 2025, Bitget agreed to a strategic partnership with the Morph chain. The Morph Foundation, a non-profit decentralized organization, is now solely responsible for the future development of BGB.
What Makes Bitget Token (BGB) Unique?
BGB is the gas and governance token of the Morph chain. At the same time, BGB will also get support from its partners, such as exchanges and wallets, serving as a key medium for Launchpool's new token mining, fee discounts, and more.
How Many Bitget Token (BGB) Coins Are There in Circulation?
The initial supply of Bitget Token (BGB) is fixed at 2 billion tokens. As of September 2025, the circulating supply of BGB is 699,992,035. The Morph Foundation will update the BGB burn mechanism, linking it to Morph network activity, until the total BGB supply is reduced to 100 million.
How Is the Bitget Token Network Secured?
Bitget Token (BGB) initially operates on Ethereum's blockchain using the ERC-20 standard and Proof-of-Stake (PoS) consensus, making it compatible with any Ethereum wallet.
Following the strategic partnership between Bitget and Morph, a growing number of BGB will be migrated to the Morph chain, as the gas and governance token.
Where Can You Buy Bitget Token (BGB)?
Bitget Token (BGB) can be purchased directly on the Bitget exchange. BGB is also available for trading on MECX, Bitfinex, Uniswap, and BulbaSwap.
Bitget Token (BGB) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #61 among all cryptocurrencies by total market value. It belongs to the Exchange-based Tokens and Centralized Exchange (CEX) Token category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.
Bitget Token is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.
There are currently 699,992,030 BGB in circulation out of a maximum supply of 2,000,000,000, meaning approximately 35% of the total BGB that will ever exist has been issued. New tokens enter circulation through the protocol's pre-defined emission schedule.
Bitget Token reached an all-time high of $8.45 on December 27, 2024. Currently the price sits 80.5% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.
Bitget Token (BGB) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their BGB to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.
Cryptocurrencies, including Bitget Token, are highly volatile and carry significant risk of loss. Over the past year, BGB has lost approximately 62.3% of its value. Whether Bitget Token is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.
Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. Bitget Token (BGB) focuses on exchange-based tokens use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while Bitget Token's value is tied to adoption within its specific use case and underlying network effects.
Bitget Token (BGB) has a market capitalisation of approximately $1.15B, which ranks it #61 among all cryptocurrencies. Market cap is calculated as the circulating supply multiplied by the current price and is the most common way to compare the relative size of cryptocurrencies. It updates continuously as the price moves.
The price of Bitget Token (BGB) is set continuously by supply and demand across global exchanges. The main factors are its circulating and maximum supply, trading volume and liquidity, overall crypto-market sentiment, its correlation with Bitcoin, regulatory developments, and real adoption of the underlying network. Because the market trades 24 hours a day, the price can change at any moment.
No one can reliably predict the future price of Bitget Token or any cryptocurrency. Where sufficient history is available, this page shows a model-based forecast range derived from historical volatility and trend — it should be read as a scenario illustration, not a target or a promise. Crypto prices are highly volatile and shaped by events no model can foresee, so always do your own research and never invest more than you can afford to lose.
"Safe" depends on two separate things: how you hold Bitget Token (BGB), and price risk. For custody, use reputable exchanges and consider a self-custody hardware wallet for larger amounts, and never share your private keys or seed phrase. For price, every cryptocurrency is volatile and can lose value quickly, so only commit capital you can afford to lose. Being listed on major exchanges is not an endorsement or a guarantee against loss.
Whether Bitget Token can be staked depends on its consensus mechanism. Proof-of-Stake networks let holders lock BGB — by running a validator or delegating to one — to help secure the network and earn rewards. Check Bitget Token's underlying technology first, use only reputable providers, and be aware that staked funds can face lock-up periods and, on some networks, slashing penalties.