Bugs Coin (BGSC), created by renowned Korean trading YouTuber Inbum, is quickly making its mark in the global cryptocurrency market by integrating cultural and artistic elements.
Gate Ventures Investment in Bugs Coin
Gate Ventures recently announced a strategic investment of $8.5 million in the Bugs Coin ecosystem. This investment aims to accelerate the development of the AntTalk trading platform and the BGSC token. Gate Ventures stated that their collaboration with BGSC is intended to promote cryptocurrency education and broaden global market participation.
BGSC Futures Trading Volume Surge
BGSC futures trading volume on Bitget surged by 1,300% within 24 hours, drawing significant attention from global traders. According to CoinMarketCap, the trading volume exceeded $30 million in 24 hours. This surge was accompanied by increased volatility, with liquidation volumes reaching $1.2 million.
Massive BGSC Token Burn
Bugs Coin recently completed a token burn of 50 billion BGSC, equivalent to approximately $3.25 billion. This event reduced the total supply of BGSC from 100 billion to 49.845 billion tokens. The Bugs Coin team stated that this burn is aimed at reducing excess supply and increasing the long-term value of the token.
Bugs Coin is demonstrating significant growth and establishing itself as an innovative cryptocurrency project with a robust ecosystem. The expansion of the AntTalk platform and the upcoming launch of the BugsFunded Prop Trading System support this growth and enhance decentralization.
