Like $BNB burn, which cut 1.6M tokens ($1B) from supply by 20% since 2017, driving price surges (e.g., +30% after 2023 burns) through deflation, fee discounts, and staking, $BGB burned 30M+ tokens ($120M), reducing supply by 2.5%. Bitget’s transparent, utility-based burn, with a current 1.2B supply, boosts scarcity and value.
BGB Burn Benefits:
Scarcity: Lower supply, higher value potential.
Utility-Driven: Burns tied to BGB usage.
Transparent: On-chain data ensures trust.
With DeFi perks, BGB is poised for similar price growth.