Bitget Token Merger Creates Resonance on Social Media, Is Altcoin Season Really Near?

Bitget has merged its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). This merger has created a unified token that brings together wallet and exchange services.

As we reported at Kriptokoin.com, while the Bitcoin price has been moving slowly for the last week, popular altcoins are also showing a similar stagnation. However, in light of altcoin season expectations, other cryptocurrencies are coming to the fore with increasing interest. In particular, Bitget Wallet (formerly BitKeep) stands out as one of the world’s largest multi-chain wallets that do not require custody. Recent announcements in its ecosystem have directed investors’ attention to this platform.

Bitget Token Merger: Created a Huge Resonance on Social Media

Bitget has merged its two native tokens, Bitget Token (BGB) and Bitget Wallet Token (BWB). This merger has created a unified token that brings together wallet and exchange services. The announcement of this merger has caused a huge stir on social media platforms. Moreover, according to Santiment data, this interest has increased especially in the post-Christmas period. Along with Bitcoin, Bitget tokens have attracted significant attention on social platforms.

BGB price broke the consolidation process after its market debut in the first week of November. However, the rally that started in December gained momentum due to the merger. In the last seven days, the token gained over 92 percent. BGB attracted attention by reaching a new peak price of $8.49. This rise brought the token to the top 20 with a market value exceeding $11.2 billion.

BWB Token Also Showed Strong Increase

The BWB token has also seen a strong upward momentum. However, it has gained 65 percent in value, reaching $0.69. But, since BGB will be the main ecosystem token after the merger, there has been a decrease in BWB’s trading volume. Despite this, the price of BGB has maintained a healthy upward momentum, maintaining its new high. This merger is likely to lead to increased adoption and innovation of the token in the DeFi space.

The BGB price is likely to surpass $10 and potentially reach $15 in the first few weeks of 2025. This could put the token among the top platform tokens and provide wider use in the DeFi world.

Is Altcoin Season Really Near?

These developments in the Bitget ecosystem give hope for the beginning of the altcoin season. Although Bitcoin is still the market leader, such increases in altcoins show that investors’ interest is diversifying. If this upward trend continues, 2025 could be a year of great opportunity for altcoins. Projects like Bitget in particular will be among the important actors that shape the sector.

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