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The current real-time price of BSG is $0.0{6}1341. In the past 24 hours, BSG has traded between $0.0{6}1340 and $0.0{6}1343, showing strong market activity. The all-time high of BSG is $0.0{5}1320, and the all-time low is $0.0{6}1085.
From a short-term perspective, the price change of BSG over the past 1 hour is , over the past 24 hours is +0.11%, and over the past 7 days is -0.09%. These figures provide a quick overview of the latest price trends and market dynamics of BSG on LBank.+6.33%
The live price of BSG today is $0.0{6}1341, with a current market cap of $0. The 24-hour trading volume is 1.45. The price of BSG to USD is updated in real time.
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Before deciding whether to buy or sell BSG, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BSG technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BSG.
How much will BSG be worth tomorrow, next week, or next month in ? What about your BSG assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BSG Price Prediction
To learn more about BSG, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x055a...ef07bc  | 317.381B | 63.48% |
binance-smart-chain | 0xa309...38d4ba | 12.469B | 2.49% |
binance-smart-chain | 0x7f2c...bac6ac | 11.491B | 2.3% |
binance-smart-chain | 0xaa5c...a106d2 | 8.337B | 1.67% |
binance-smart-chain | 0x8455...d3b03b | 6.716B | 1.34% |
Other | 143.603B | 28.72% |
Baby Squid Game (BSG) is a decentralized, hyper-deflationary layer 2 meme token operating on the Binance Smart Chain (BSC). It aims for long-term growth and sustainability by progressively reducing its total supply. The token draws its inspiration from the popular South Korean television series "Squid Game."
The primary utility of BSG revolves around its hyper-deflationary nature, designed to decrease supply over time. It facilitates transactions within its ecosystem, including covering transaction fees. A portion of the token's usage is also allocated to marketing and development efforts. Holders can also earn more BSG through arbitrage trading or potentially through staking/lending. A unique feature is its reflection mechanism, where 4% of every transaction is redistributed to existing BSG token holders, encouraging long-term holding.
BSG employs a 3% deflationary burn transaction tax protocol on each trade. This mechanism consistently burns BSG tokens, leading to a reduction in the total supply in circulation. Since its launch, a significant portion of its total or maximum supply has reportedly been burned, demonstrating its aggressive deflationary model.
BSG's tokenomics are designed around a hyper-deflationary model on the Binance Smart Chain. Key features include: a 3% burn tax on each transaction to decrease total supply; a 4% reflection mechanism that redistributes tokens proportionally among existing holders as passive income; and another 4% automatically directed to the liquidity pool to help maintain stability and accessibility.
The security of Baby Squid Game (BSG) involves multiple layers, including encryption of personal data to protect privacy and prevent data breaches. It also implements countermeasures to detect and thwart malicious activities, aiming to maintain the integrity of the platform and users' assets. However, it's crucial for investors to conduct thorough research and be aware of the inherent risks associated with digital assets. A separate token also inspired by "Squid Game" (SQUID) was involved in an apparent "rug pull" scam, highlighting the need for caution in this space.
BSG is available on various reputable cryptocurrency exchanges. For instance, it can be purchased on LBank and other leading platforms, often utilizing credit cards or fiat balances. The token's accessibility across these exchanges allows users to acquire it conveniently, with its value calculated in real-time by aggregating data from across these platforms.
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