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JUST IN: 220 million $BGB tokens (valued at $1.09 billion) have been burnt, while another 220 million worth $1.09 billion transferred to a new wallet for locking. Bitget and Morph have formed a strategic partnership. • $BGB will serve as Morph’s gas and governance token. • The burn mechanism will be linked to Morph network activity. • This could potentially influence supply. The strategic partnership and the integration of $BGB as a key token in Morph's ecosystem could enhance demand and investor interest, potentially affecting its market value.