BMT Token Jumps 21.84%: Staking Surge, Major Burn, and V2 Upgrade Drive Market Momentum
BMTUSDT has experienced a significant price increase of 21.84% over the past 24 hours, with the current price at 0.1194 USDT (24h open: 0.0980). This surge is primarily attributed to recent positive developments, including Binance's introduction of an 18% APR staking program that led to over 40% of the circulating supply being staked, and a recent permanent burn event that removed 2 million BMT (0.2% of total supply), both of which reduced available supply and likely contributed to upward price momentum. Additional support for the price rise comes from the recent V2 upgrade of the BMT token, which enhanced blockchain visualization features and improved user experience, attracting increased market interest. In the latest 24-hour period, BMT recorded a trading volume of $138,091,367 and a market capitalization of $40,428,242, ranking #588 by market cap, reflecting heightened activity and investor attention following these developments.