Bitget Token BGB
Current Price
$2.03 -1.27%
$0.0300 Daily Range (1.48%)
$2.03$2.06
$20.54M Daily Volume
294 BTC
Vol/MktCap: 1.45%
Market Performance
+0.29% 0.00002901 BTC
+1.08% 0.0010 ETH
-1.26% 2.03 USDT
+0.08% 0.0032 BNB
+0.77% 1.46 XRP
0.06% Relative BTC Volume
The total volume of Bitget Token is $20.54M over the past 24 hours, compared to $35.11B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.04 -0.27%
13 SMA $2.04 -0.33%
21 SMA $2.04 -0.56%
55 SMA $2.03 -0.25%
144 SMA $2.07 -2.10%
Price Performance
-0.40% 1 Hour Change
$2.03 from $2.04
-5.82% 7 Day Change
-$0.1182 from $2.15
-6.43% 14 Day Change
-$0.1306 from $2.16
-8.17% 30 Day Change
-$0.1659 from $2.20
All Time High
December 27, 2024
$8.45 -75.97%
-$6.42 vs. now
24H Change
-18.50M USD -1.29%
-264 BTC
Volume and Supply
Total Supply: 916.93M BGB
699.99M BGB Available76.34% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
45.84 x BTC Supply = 46:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
10.05M BGB traded over past 24 hours
1.44% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Bitget Token AI Market Analysis
Bitget Token (BGB) is currently priced at $2.03, reflecting a slight decline of 1.00% over the past 24 hours. The price has fluctuated within a narrow range of $2.03 to $2.06 during this period, indicating low volatility.
The trading volume stands at approximately 20.5 million, with a volume-to-market cap ratio of 1.44%. This low ratio suggests relatively low investor interest compared to the market capitalization, which may hinder upward price momentum.
Technical indicators show that all moving averages are either flat or slightly declining, with the 144 SMA at $2.07 reflecting a notable 2.10% decrease. The 1-hour Relative Strength Index (RSI) at 31 indicates that BGB is nearing oversold territory, while the 7-day RSI of 41 confirms continued bearish momentum.
Over the past week, BGB has experienced a price drop of approximately 5.65%, with further declines of 6.56% over 14 days and 8.34% over 30 days. These consistent downward trends suggest a lack of bullish sentiment in the market.
Given the current price action, low volume, and bearish indicators, a Buy rating is not justified at this time. A Hold rating is appropriate until there are signs of reversal or increased buying pressure, particularly if the RSI shows improvement or if the price can stabilize above the moving averages.
The trading volume stands at approximately 20.5 million, with a volume-to-market cap ratio of 1.44%. This low ratio suggests relatively low investor interest compared to the market capitalization, which may hinder upward price momentum.
Technical indicators show that all moving averages are either flat or slightly declining, with the 144 SMA at $2.07 reflecting a notable 2.10% decrease. The 1-hour Relative Strength Index (RSI) at 31 indicates that BGB is nearing oversold territory, while the 7-day RSI of 41 confirms continued bearish momentum.
Over the past week, BGB has experienced a price drop of approximately 5.65%, with further declines of 6.56% over 14 days and 8.34% over 30 days. These consistent downward trends suggest a lack of bullish sentiment in the market.
Given the current price action, low volume, and bearish indicators, a Buy rating is not justified at this time. A Hold rating is appropriate until there are signs of reversal or increased buying pressure, particularly if the RSI shows improvement or if the price can stabilize above the moving averages.
Updated 115 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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