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<ul class="wp-block-list news-points">
 <li><strong>Bitget investigates unusual BGB price drop, plans compensation for affected users.&nbsp;&nbsp;</strong></li>
 <li><strong>Bitget strengthens its market share, ranking 4th among centralized exchanges in September 2024.&nbsp;&nbsp;</strong></li>
 <li><strong>BGB shows slight recovery, with technical indicators signaling neutral to bullish momentum.&nbsp;&nbsp;</strong></li>
</ul>
<p>Bitget announced an investigation into the unusual price movements of its native token, BGB, which occurred between 10:53 AM and 10:58 AM. The exchange aims to determine the cause of the sudden price drop and compensate users who experienced losses.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> JUST IN: Bitget’s Chinese representative confirmed an investigation into abnormal <a href="https://twitter.com/search?q=%24BGB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BGB</a> price fluctuations between 10:53 and 10:58 AM today and is assured a compensation plan for affected users.<a href="https://twitter.com/xiejiayinBitget?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@xiejiayinBitget</a> <a href="https://twitter.com/Bitget_zh?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Bitget_zh</a> <a href="https://twitter.com/hashtag/Bitget?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitget</a> <a href="https://twitter.com/hashtag/China?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#China</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/x2Pu2iovLW" target="_blank" rel="noopener noreferrer nofollow">https://t.co/x2Pu2iovLW</a></p>— Coin Edition: Your Crypto News Edge (@CoinEdition) <a href="https://twitter.com/CoinEdition/status/1843160932429730043?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 7, 2024</a>
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<p>Bitget representatives identified irregular BGB price activity during a five-minute window on October 7. The price of Bitget Token plummeted, raising concerns about potential manipulation or technical issues.</p>
<p>Although the specific causes remain unconfirmed, Bitget’s Chinese representative assured us…</p>
<p>The post <a href="https://coinedition.com/bitget-investigating-bgb-token-price-drop-will-compensate-users/" rel="noopener noreferrer nofollow">Bitget Investigating BGB Token Price Drop, Will Compensate Users</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitget Investigating BGB Token Price Drop, Will Compensate Users

Coin Edition

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