Apart from Bitcoin, Social Media Attention Has Increased Over These Two Tokens: Has the AltSeason Begun?
as bitcoin price Showing subdued price action for over a week, popular altcoins are following the same trend and other cryptocurrencies are gaining traction. Bitget wallet, formerly known as BitKeep, is one of the world’s largest non-custodial multi-chain encryption wallets. It made a series of announcements that shifted traders’ attention to the ecosystem.
One of these is the merger of its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB), aiming to combine its trading and wallet services with a unified token. As a result, social sentiment on these two tokens soared, becoming the most discussed tokens. According to data from saintBitget’s token merger with Bitcoin caused huge social sentiment, with discussions increasing after Christmas.
Bitget Token (BGB) price rose above a long-term consolidation following a market breakout in the first week of November, but gains intensified in December. At the same time, the merger also provided a huge bullish impetus, sending the price up more than 92% in the past seven days. Additionally, the coin surged significantly during the early trading session and hit a new high of $8.49, bringing the coin into the top 20 with a market capitalization of over $11.2 billion.
In addition, another native token, Bitget Wallet Token (BWB), also saw a sharp increase, rising by more than 65% to $0.69. The token also attracted millions in transaction volume, but since BGB was set to become the ecosystem’s dominant token, transaction volume has been lost to the merger. Therefore, the price of BGB, which has received new ATH, is expected to maintain a healthy upward trend and remain consistent during the discovery phase.
The price of Bitget Token (BGB) is expected to cross the $10 milestone in the first few weeks of 2025 and eventually reach potential highs around $15. The combined token will become the top platform token, driving adoption and innovation in the DeFi space.
