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The BGSC token team has just completed a large-scale burn operation—burning 13 billion BGSC tokens in just one hour, with a market value of up to $15.5 million. This is not a one-time event but a regular token management strategy executed by the team. Looking back in history, a similar operation was carried out two months ago, when BGSC tokens withdrawn from Gate were valued at approximately $6.4 million before the burn. Continuous token burning to control circulation is relatively common in the crypto market and is often seen as a mechanism to maintain token value. Large-scale burn operations tend to attract market attention, especially when involving token equivalents worth tens of millions of dollars.
It's just "controlling circulation," to put it nicely... Let's see if it can really boost the price.
Destroying so aggressively actually makes me a bit nervous. Why hasn't the price shot up instantly?
Regular destruction is definitely feasible, but it also depends on whether someone is willing to take the other side.
$15 million each time? If only my small coin projects could do that... BGSC's operational approach is willing to spend big.
Withdrawing from Gate within 2 hours and then destroying... How is this timing so clever? Suspicious.
Periodic burns sound good, but on-chain tracing of those "burn addresses" reveals the truth.
Controlling circulating supply? It's more like protecting the market makers, just for the appearance of good data.
130 million tokens disappeared, but many BGSC are itching to move in early holder addresses... I’m watching.
I've seen this kind of rhetoric too many times. The next step is probably to shout "Look, we are very responsible" and then gently dump the market.
The real fund flows are in those contracts you can't check. Burning is just a surface story.
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Periodic destruction? Fine, at least it's better than those who just talk but don't act
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Always feel that after large-scale destruction, the coin price still drops. Does this trick really work?
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Continuously destroying, is the team really protecting the market or just secretly cutting profits?
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Relying on destruction to maintain value sounds pretty虚, what about the fundamentals?
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Another round in two months, this frequency is a bit frequent
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15.5 million USD can be burned just like that, this liquidity management method is a bit ruthless
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Feeling that frequent destruction might actually make people doubt how虚 the supply really is
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Why does so much destruction have to be done to stabilize? Feeling a bit虚
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Usually regarded as a maintenance mechanism... it's usually just that
Destroying tokens so fiercely, is it really to support the market or just for show?
It's another regular burn, this tactic is now everywhere.
13 billion tokens in one hour? If the circulating supply is controlled like this, a price surge is just around the corner.
It all feels like a numbers game; whether the price can actually go up depends on whether the market buys into it.
The team is again playing the deflation game, doing this every time... It would be great if it could actually boost the price.
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Starting to burn again. It’s always like this. Can it really boost the market?
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The routine of burning coins regularly is getting old. Can it just go up already?
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130 billion tokens? The number is so big I’m a bit confused. Is it really being burned or is it fake burning?
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What happened to the 6.4 million burned before? How’s the coin price? Did it go up?
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I’ve seen a lot of coin burns, but the key question is, after burning, do they still have to cut the leeks?
Destroying tokens sounds good in theory, but I just wonder if it’s another show before the usual pump-and-dump.
Periodic destruction? Sounds like they’re shorting their own coin. I just don’t get this logic.
BGSC’s move this time is quite deep; continuous destruction. Is this to rescue the market or to cut losses?
Burning 13 billion tokens actually makes me more anxious, feeling like it’s a prelude to some big event.
Whether or not it’s a pump or dump, this tactic is really old. These tricks in the crypto world are worn out.
Just want to ask if burning 15.5 million is worth it? Does the market really buy into this?