- Bitget’s BWB token sale has commenced on Bitget’s exclusive Launchpad.
- Analysts Waqar Zaka and Wise Advice endorse the BWB sale, citing Bitget’s BGB impressive 150% surge this year.
As the sale of the Bitget Wallet (BWB) progresses via the Bitget exclusive Launchpad, prominent community pundits have asserted that participants are poised to net an easy 500% profit. Recently, the Bitget team unveiled a six-day token sale for BWB on their Launchpad, starting on June 1. This platform allows users to acquire free BWB tokens from the proposed total supply of 1 billion through two separate mining pools.
The first mining pool is dedicated to BGB holders and contains 5 million BWB tokens. Notably, BGB holders have a maximum allocation of 50,000 BWB. The second mining pool is reserved for USDT stablecoin holders, also with a pool size of 5 million BWB and a cap of 25,000 BWB per USDT holder.
The Bitget team has set out a simple process for joining the BWB Launchpad. Users must first install the Bitget app from the Google Play Store or Apple App Store. Newcomers must complete the KYC process and then purchase USDT or BGB tokens. Notably, this initial transaction is a prerequisite for participating in the Launchpad.
Accordingly, participants must hold their acquired BGB, USDT, or both from June 1 to 4 to qualify for the BWB airdrops. This initial holding phase will be followed by a commitment period from June 4 to 6.
The Bitget team has set the initial exchange offering (IEO) price of BWB tokens at $0.15 on their launchpad.
Analysts Project 4-5X Profit with BWB
Notably, the Bitget platform’s current launchpad initiative for the BWB token is garnering attention from influential voices within the crypto community. Waqar Zaka, a well-known commentator from Pakistan, has praised Bitget Wallet for its significant advancements. “I’ve been using it since it was Bitkeep,” he said.
Zaka believes that the pricing strategy for the BWB token on the launchpad, set at $0.15, is prudent and well-suited to the prevailing market conditions. He is optimistic about the token’s potential, suggesting that it could yield returns of 4-5 times the initial investment.
Echoing this sentiment, the Indian-based crypto analyst known as Wise Advice highlighted BGB’s impressive performance, which has seen a surge of over 150% this year. In his words:
“BGB has had a tremendous performance this year, surging by 150%. I believe BWB will play out similarly. The fact that BGB had the best ROI among all exchanges this year gives more conviction that BWB was performing well.”
BWB Airdrop Calculations
The outcomes of the BWB launchpad activities will be disclosed on June 6, and BWB will be distributed to eligible participants on the same day between 08:00 and 12:00 UTC. Subsequently, BWB/USDT spot trading will be available.
Bitget calculates participants’ token allocations by dividing the tokens they commit — BGB or USDT— by the total committed by all participants. This is then multiplied by the total number of tokens available in the Launchpad promotion. Bitget enforces an individual cap to manage risk, and any tokens exceeding this cap are redistributed among other participants who have yet to reach their cap.
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