Bitget token’s dramatic rise has raised the temperature, prompting investors to look out for the best crypto to buy now.
Over the last 24 hours, Bitget’s native token, BGB, has seen a trading volume increase of over 250%. Crypto trading activity surged after the project announced that BGB would be the native token of the Morph Chain and revealed an immediate burn of 220 million tokens, worth over $1 billion.
This move has also driven significant momentum in the price, as the BGB token has surged nearly 6% in the last 24 hours.
The move has introduced a massive deflationary program in Bitget; future burn promises tied to Morph’s network activity have reduced the BGB supply to just 100 million tokens.
The token has been facing selling pressure in the last few months, and this could mark a pivotal moment in BGB price action.
Bitget Token Burn Could Drive Price Higher
While the broader crypto market is facing high volatility, Bitget has entered a partnership with Morph Chain, a consumer finance layer. This partnership has made the BGB token a core utility asset within a rapidly growing Layer 2 blockchain.
#Bitget has announced a strategic partnership with Morph Chain @MorphLayer.
Through this exclusive collaboration, all #BGB tokens held by the team (440M BGB) will be transferred to the Morph Foundation. The Morph Chain will adopt BGB as its gas and governance token, powering… pic.twitter.com/jPrRSDQTRN
— Bitget ⚙️⬆️ 7️⃣ (@bitgetglobal) September 2, 2025
The token transfer of 440 million BGB tokens from Bitget to the Morph Foundation has grabbed headlines. Out of this 440 million, 220 million BGB tokens were burnedimmediately taking out more than $1 billion worth of tokens.
The remaining 220 million tokens are locked and will unlock gradually, with 2% released each month to support ecosystem growth, boost liquidity, and fund education initiatives.
Currently, the Bitget token sits around $5.13 with a market capitalization of 5.85 billion. The $5 resistance has been a strong barrier for the token. If BGB sustains this level, it could surge to previous highs above $3.
However, the surge in Bitget has renewed investor interest in the crypto market, with savvy investors already increasing exposure to the best crypto to buy now, like Bitcoin Hyper (HYPER), which could deliver an even higher upside potential than well-established assets.
Let’s analyze top altcoins that could surge like BGB in the coming weeks:
Bitcoin Hyper: The Best Bet on Bitcoin’s Long-Term Growth
If you thought that most memecoins are all hype and zero substance, think twice because Bitcoin Hyper is turning the tables. Innovative token built on Bitcoin’s Layer 2, which means it has the OG crypto security under its skin, but with HYPER’s chaotic energy driving the culture.
Bitcoin keeps its secure foundation and trusted brand, while a new execution layer runs on top to handle modern needs. This approach scales the system without changing the base layer.
It is the first-ever layer-2 project right on Bitcoin’s chain. The majority of coins out there barely function as tokens, let alone power actual DeFi tools. Bitcoin Hyper expands BTC’s utility across different sectors, including meme, NFTs, and DeFi applications.
Staking rewards are coming, plus community voting, so holders actually steer the project. It’s a long-game play, especially if you think Bitcoin isn’t going anywhere.
Experts have already predicted a massive surge post-listing, as its presale soared past $13.6 million. It is evidently winning the hearts of investors who crave both fundamentals and entertainment.
