Today, I woke up to the news that over 30 million $BGB tokens were burned. If you're someone who's been in this space for years, you'll know this will positively impact the project.
After seeing the news, I decided to research exchange-owned tokens to assess their credibility and potential for investment. In my findings, I compared Binance's token ($BNB) and Bitget's token ($BGB) since both recently conducted their 2025 Q1 burns.
The $BGB burn represents 2.5% of the total supply, while the $BNB burn represents 0.78%. This suggests that $BGB, with a larger percentage burned, may have a better chance of performing well in the coming days compared to $BNB.

What do you think about my analysis? Do you like it? Which other CEX-owned tokens would you like me to analyze?
You don't have to compare the world exchange token with the exchange that is still struggling to get more users. Same way you can not compare listing on Binance and the listing on Bitget because the liquidity that will be created will not be the same.
I am not trying to make any of these two exchanges look bad but the comparison does not worth it. You can compare Bitget with Kucoin or Bybit or maybe BingX but not Binance. Binance is a big exchange I respected a lot based on past stance they made to keep the exchange standing even with the whole fud to make users dump it.