Bitget Token (BGB)
Bitget exchange token. Quarterly buyback & burn. Copy trading platform.
Ranked 39th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
BGB scores 135 of 250 across the 25-variable framework, which places it 39th of 251 rated tokens and inside the top quartile of the set. The framework verdict is CAUTIOUS HOLD.
The score rests on Buyback and Burn 7/10, 13th of 251, BTC Alpha Potential 5/10, 13th of 251, Revenue Trend 6/10, 15th of 251 and Protocol Revenue 6/10, 21st of 251.
Only 35% of BGB's maximum supply is in circulation, so 2.86x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 65% of the fully diluted value sitting ahead of today's holders. That is a heavy overhang: most of the eventual supply has not reached the market yet.
BGB trades 81% below its all-time high of $8.45. Recovering that level is a 5.3x move, not a 81% one, which is the arithmetic most drawdown charts hide.
The framework score gained 135 points against the previous pass (0 to 135). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 6 | 21st of 251 | |
| Revenue Trend | 6 | 15th of 251 | |
| P/S Multiple | 5 | 38th of 251 | |
| Real Staking Yield | 4 | 82nd of 251 |
Supply
| Supply Inflation | 7 | 26th of 251 | |
| Vesting Schedule | 7 | 35th of 251 | |
| Circulating / FDV Ratio | 7 | 46th of 251 | |
| Buyback and Burn | 7 | 13th of 251 |
Ownership
| Smart Money Flows | 5 | 48th of 251 | |
| Insider Selling | 5 | 42nd of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 5 | 30th of 251 | |
| Active Users | 6 | 24th of 251 | |
| Developer Activity | 5 | 83rd of 251 | |
| Network Growth | 5 | 52nd of 251 |
Position
| Market Share | 5 | 52nd of 251 | |
| Competitive Moat | 5 | 57th of 251 | |
| Institutional Adoption | 4 | 71st of 251 | |
| Exchange Depth | 5 | 73rd of 251 | |
| Social Mindshare | 5 | 41st of 251 |
Risk
| Regulatory Safety | 5 | 102nd of 251 | |
| Catalyst Calendar | 5 | 50th of 251 | |
| BTC Alpha Potential | 5 | 13th of 251 | |
| Team Execution | 6 | 30th of 251 | |
| Treasury Runway | 6 | 33rd of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Catalyst on the scorecard
Bitget's planned BGB token burn event in June 2025, reducing supply by 5% (40M tokens).
The June 2025 item has already passed. This was written as forward-looking at the 11 Jun 2026 scoring pass, so read those parts as history. Anything else listed may still be ahead.
Principal risk
Bitget's proof-of-reserves audit reveals undisclosed liabilities, triggering a run on withdrawals.
Market and supply
| Price | $1.61 |
| Market cap | $1.13Brank 62 |
| All-time high | $8.4527 Dec 2024 |
| Circulating supply | 699,992,030 |
| Eventual supply (max supply) | 2,000,000,000 |
| Dilution to full supply | 2.86x |
| Listed on | Bitget, KuCoin, Gate.io |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to BGB measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Common questions
- What is the Early Thunder score for Bitget Token (BGB)?
- BGB scores 135 out of 250 on the 25-variable framework, ranking 39th of 251 rated tokens (top quartile). The framework verdict is CAUTIOUS HOLD.
- What are BGB's strongest fundamentals?
- BGB ranks highest on Buyback and Burn 7/10, 13th of 251, BTC Alpha Potential 5/10, 13th of 251, Revenue Trend 6/10, 15th of 251 and Protocol Revenue 6/10, 21st of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- How much BGB supply is still to enter circulation?
- 35% of eventual BGB supply is circulating today, leaving 2.86x the current float still to arrive. At a flat price per token that is 65% of fully diluted value ahead of current holders.
- How far is BGB from its all-time high?
- BGB trades 81% below its all-time high of $8.45. Returning to that high requires a 5.3x move from the level used in this scoring pass.
- Which tokens have a similar profile to BGB?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to BGB are GT (123), LEO (126), OKB (145) and BANANA (135). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What catalyst was BGB scored against?
- Bitget's planned BGB token burn event in June 2025, reducing supply by 5% (40M tokens). This was written as forward-looking when the scoring pass ran. The June 2025 item has since passed, so read that part as history. Anything else listed may still be ahead.
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.