Bitget's $40K Campaign Targets Trading Activity Amid BGB Price Struggle
Bitget's latest trading campaign has launched on August 24, offering $40,000 in rewards to users trading its tokenized stocks through August 31. The promotion focuses on AI stocks, with traders able to earn up to '30 $rINTC' and a blind box offering between '0.01 and 30 $rINTC' for reaching specified trading amounts.
The campaign arrives at a critical time for the Bitget token (BGB), which is struggling to clear its major technical barrier of $2.06. While the recent crypto market rally briefly pushed BGB toward this level, it failed to break through. If trading activity rises alongside broader market demand, the campaign could provide another catalyst for the token.
The technical setup leaves bulls with a hurdle to overcome, as a sustained move above the 200-day EMA could open the way toward $2.70 and potentially even $3.50 near the upper boundary of the multi-month falling wedge.