Revival of Centralized Exchanges: BNB & BGB Leading the Industry Surge

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Bitget, tier-1 cryptocurrency exchange for newbies and pros, shares results of “bullish” February 2024

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Bitget unveiled its Monthly Report for February 2024. The document includes a number of major achievements of the first month of the emerging bull run.Bitget announced that its user base exceeded 25 million in the report and its platform token, BGB, soared past the $1 mark in February 2024, amid a thriving cryptocurrency market. BGB's ascent to an all-time high of US$1.15 marked a significant milestone, showcasing a 64% increase and bolstering confidence in Bitget's ecosystem.

Now the token has a total market cap of $1.3 billion, while the next exchange token on the list, OKB, has a market cap of $3.3 billion. Analysts say that there may still be room for growth for BGB.

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