Post
Topic
Board Altcoin Discussion
Re: Why Utility tokens are mostly staked
by
Digifann1
on 24/08/2025, 16:37:26 UTC
I have a fairly bullish view on BGB. If there are no business issues, they will have a bullish opportunity. Judging from their price chart structure, they have quite stable resilience. On the weekly chart, they have very strong support and have never broken through it, even after significant declines. BGB consistently bounces at $4. If it remains above $3.5, it is likely that BGB will experience significant price progress and could have the opportunity to set a new ATH.

And they also have the opportunity to conduct a token burn, which I think is quite safe until the end of the cycle.
It is all fun and games until there is an exchange hack, and then they front run your savings and you sell at a 90% loss.