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The Bitget Token project appeared in the cryptocurrency rating in June 2020. Its price was then $0.16. The entire next year, despite the fact that the BGB coin was born in the bear season, it was in the range between $0.014 - $0.016. This is a good result for a bear cycle.
The first bullish wave in November 2021 brought the BGB coin to $0.073. Early investors were able to earn 5 times. In 2022, the market went into a long correction, as the bear season began. But not for BGB. It showed only growth throughout 2022. So in January 2024, BGB was already worth $0.14, and already in the summer $0.20. At the end of the year, BGB could be sold at $0.22. In February 2023, at the height of the bear season, when Bitcoin fell to $ 21,000, the BGB coin reached its new high at $ 0.46. This is a very strange indicator. Why, when the whole market was falling, the BGB coin was growing. This is a big question. And if the coin does not follow the market movement, then it is heavily manipulated. It is better to refuse such coins.
What will be the price of BGB at the end of 2024?
The first wave of the bull market raised BGB to $ 1.48 in June 2024. Today, November 2, its price is $ 1.12. As we can see, there was a small correction. However, Bitcoin almost reached its record and today it is trading around $ 70 thousand.
Our forecast is that when Bitcoin costs $ 80 thousand, the BGB coin may return to the 1.50 mark.