Tokens of centralized exchanges, such as Bitget Token (BGB) and GateToken (GT), have shown significant market growth linked to recent speculative investment movements.
Increase in BGB and GT Token Values
As of August 13, 2025, Bitget Token (BGB) increased by over 15%, while GateToken (GT) surged more than 30%. These developments signal significant interest in platform tokens, potentially driven by speculative investor activities.
Lack of Official Comments
Despite the significant gains, leadership from Bitget, including managing director Gracy Chen, and CEO of Gate.io Dr. Lin Han have not issued official statements regarding the reasons behind this growth. This lack of commentary from key industry figures is often seen in such situations.
Market Impact and Future of Tokens
The growth of platform tokens corresponds with broader market trends, though there’s no clear link to specific financial news or partnerships. Data indicates that Bitcoin's estimated leverage ratio (ELR) recently peaked over five years, causing concerns regarding the potential volatility of the market in the future. Experts advise caution as history shows such sharp changes often lead to corrections.
The market situation for CEX tokens, including BGB and GT, remains tense, and investors should closely monitor dynamics and consider potential speculative risks.