Bitget Token BGB
Current Price
$2.38 +0.63%
$0.0200 Daily Range (0.84%)
$2.37$2.39
$16.88M Daily Volume
245 BTC
Vol/MktCap: 1.01%
Market Performance
0.05% Relative BTC Volume
The total volume of Bitget Token is $16.88M over the past 24 hours, compared to $36.90B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.38 -0.06%
13 SMA $2.38 -0.12%
21 SMA $2.38 -0.02%
55 SMA $2.39 -0.35%
144 SMA $2.37 +0.42%
Price Performance
-0.25% 1 Hour Change
$2.38 from $2.39
-7.37% 7 Day Change
-$0.1755 from $2.56
-22.90% 14 Day Change
-$0.5451 from $2.93
-36.80% 30 Day Change
-$0.8758 from $3.26
All Time High
December 27, 2024
$8.45 -71.79%
-$6.07 vs. now
24H Change
10.51M USD +0.63%
152 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
45.87 x BTC Supply46:1 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
7.09M BGB
traded over past 24 hours
1.01% 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 trading at $2.39, showing a slight increase of 0.95% over the last 24 hours. The daily price range has been relatively tight, with a high of $2.39 and a low of $2.36, reflecting a low volatility environment.
Volume for the past 24 hours stands at approximately 16.74 million, representing 1.00% of the market cap. This level of trading activity indicates moderate interest but lacks the robust trading momentum needed to signal a strong upward trend.
Technical indicators show that the hourly moving averages are mostly bullish, with the 8, 13, and 21 SMA all trending upward. Conversely, the 55 SMA has shown a minor decline of 0.04%, suggesting some resistance at the current price level.
The 1-hour RSI at 59 indicates that BGB is approaching overbought territory, while the 7-day RSI of 49 suggests that the token is currently neutral in its medium-term momentum. However, the significant negative changes over the 7, 14, and 30-day periods (-7.33%, -22.62%, and -36.94%, respectively) indicate a bearish trend that cannot be overlooked.
Given that the all-time high for BGB was $8.45, reached nearly a year ago, the token currently trades at about 28% of that peak value. This suggests potential for recovery, but the persistent downward trend over the past month raises concerns about the sustainability of any short-term gains.
In conclusion, while there are signs of short-term bullishness, the overall trend remains bearish, particularly when viewed from a longer-term perspective. Therefore, the rating for Bitget Token (BGB) is a Hold, as investors should monitor for clearer signals before considering a Buy or Sell.
Volume for the past 24 hours stands at approximately 16.74 million, representing 1.00% of the market cap. This level of trading activity indicates moderate interest but lacks the robust trading momentum needed to signal a strong upward trend.
Technical indicators show that the hourly moving averages are mostly bullish, with the 8, 13, and 21 SMA all trending upward. Conversely, the 55 SMA has shown a minor decline of 0.04%, suggesting some resistance at the current price level.
The 1-hour RSI at 59 indicates that BGB is approaching overbought territory, while the 7-day RSI of 49 suggests that the token is currently neutral in its medium-term momentum. However, the significant negative changes over the 7, 14, and 30-day periods (-7.33%, -22.62%, and -36.94%, respectively) indicate a bearish trend that cannot be overlooked.
Given that the all-time high for BGB was $8.45, reached nearly a year ago, the token currently trades at about 28% of that peak value. This suggests potential for recovery, but the persistent downward trend over the past month raises concerns about the sustainability of any short-term gains.
In conclusion, while there are signs of short-term bullishness, the overall trend remains bearish, particularly when viewed from a longer-term perspective. Therefore, the rating for Bitget Token (BGB) is a Hold, as investors should monitor for clearer signals before considering a Buy or Sell.
Updated 221 minutes ago.
Bitget Token Relative Price at Market Cap of:
Bitget Token TradingView Chart
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