I. Major Event Review: BGB "Upgraded" to On-Chain Overnight
Bitget announces exclusive strategic partnership with Morph public chain—a total of 440M BGB will be transferred to the Morph Foundation, with 220M burned in one go, and the remaining 220M will be unlocked at 2% per month for ecological incentives and educational support.
BGB transitions from an exchange platform token to Gas + governance token on the Morph chain, establishing a coin-burning mechanism triggered by on-chain activities, aiming to compress the total supply to 100M BGB, creating a highly deflationary model.
Following the announcement, BGB's price surged 11–14% in the short term, with trading volume skyrocketing over 300%, indicating a strong market reaction.
II. Macroeconomic Market Atmosphere: Market Confidence is Recovering
Bitcoin breaks through 111K USD, boosting overall market sentiment.
Besides BGB, the entire crypto market rebounded, with the RWA (Real World Assets) sector rising about 6%, and the NFT and AI sectors also showing active performance.
III. Why is Now a Great Opportunity to Participate in the Trading Competition?
Hotspot Connection
Interpretation
BGB Heat Boost
BGB has become the core on-chain token, with scarcity and deflation bringing long-term expectations; this wave of rising prices can serve as trading momentum.
Market Sentiment Warms Up
With BTC and mainstream sectors strengthening, overall risk appetite is rising, which helps increase trading volume.
Trading Competition is Hot
We are in the second week of the Bitget × AiCoin Trading Competition, with the prize pool unlocked, allowing participants to share 25,000 USDT + 30-day Bitget VIP experience card, along with AiCoin peripheral rewards.
Highlights of the Event:
Users who register an account through the AiCoin referral link or use the AiCoin API for trading with a trading volume of ≥100 USDT can participate.
The top 20 on the leaderboard can share 25,000 USDT + 30-day Bitget VIP, along with AiCoin peripheral gifts;
With the current heat boost, trading activity is high and opportunities are abundant, making it a golden period to participate in the sprint.
Registration link: https://jump.do/zh-Hans/xlink-proxy?id=6
Sign up for the competition: https://www.niftah.cn/zh-CN/events/competitionNew/272a47f64b1a50acbad97bac3e148307?vipCode=hktb3191
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