BGB surged nearly 7% after Bitget launched its ETH promotion.
Coinpedia
05-31 02:32
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After Bitget launched its ETH trading incentive program, the platform token BGB rose by nearly 7% intraday, with the market watching to see if the trading activity could be sustained.
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Bitget recently launched a 48-hour ETH trading event with a total reward of 40,000 USDT. As trading activity on the platform rebounded, its platform token, BGB, rose nearly 7% intraday, with the market refocusing on its support level around $2.

40,000 USDT will be distributed during the 48-hour event.

According to reports, Bitget has launched a new ETH trading incentive program in an attempt to boost user engagement in the short term. The program will last for 48 hours, with a reward pool of 40,000 USDT.

For exchange platform tokens, trading volume and user activity typically have a direct impact on market sentiment. With increased trading activity, BGB has also garnered more attention.

BGB stabilized around $2

The report noted that BGB was under pressure for most of the first half of 2026, showing a relatively weak trend. However, the price gradually stabilized around $2, and buying interest began to accumulate around this level.

  • The intraday gain was close to 7%.
  • The main support area is around $2.
  • The event offers a reward of 40,000 USDT.

Market Focus on June Trading Volume

As May draws to a close and June begins, short-term demand for BGB has rebounded. The article mentions that if trading activity on the platform continues to rise, the recent recovery in BGB from the $2 area may continue.

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