Bitget Token (BGB) has surged to a record high of $6.80, marking a stunning 325% increase in the last month and a 44% gain in the last week alone.
The impressive rally has pushed BGB’s market cap to $9.52 billion, with a 24-hour trading volume of $1.3 billion – an increase of 267.88%.
However, analysts warn that the current surge could be nearing its peak. The Relative Strength Index (RSI), a key technical indicator, suggests that the token is in overbought territory, indicating the possibility of a short-term price consolidation.
A lot has happened at Bitget and perhaps that is the reason why the price of Bitget has reached an all-time high. Recently, on December 19th, Bitget partnered with TRON, one of the best blockchain networks, to make blockchain technology easier and more accessible.
Just a week earlier, the Bitget token (BGB) rose an incredible 264% in the last month, paving the way…
