TokenInsight February Report: BGB's market capitalization increased by 434%, making it the second largest platform token by trading volume

2024-03-11 14:18:06

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According to ChainCatcher news and data from Tokeninsight, after November 2023, as market trading enthusiasm increased, the market capitalization of platform tokens saw a significant rise, with BGB and MX experiencing the largest increases of 434% and 248%, respectively. The market capitalization of BNB also rebounded to near its peak from mid-last year.

In 2024, BGB continued last year's upward trend, breaking its ATH price and rising above $1 for the first time on February 17. The daily trading volume of BGB subsequently rose to over $50 million. The highest daily trading volume occurred on February 18, reaching $83 million. The trading volume share of BGB shows a clear upward trend, making it the second-largest platform token by trading volume. In terms of IEO, the Bitget platform covers more popular tracks in the crypto market, with an average ATH ROI of 23.1 times.

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