Bitget Rewards: Ninth Tongxing Plan Batch Raises Totals
Bitget has distributed the ninth batch of rewards under its Tongxing Plan, bringing the programme’s cumulative reward pool to 8,499,468 USDT and the number of recipients to 6,651,305. The update follows the eighth batch, which distributed 7,657,537 USDT to date, with 5,946,778 recipients recorded at that stage. Users who claim rewards on the campaign page can enter an additional draw for an eighth-anniversary surprise blind box. The promotion runs until 26 October. The Bitget rewards campaign may boost user participation, but the figures do not indicate a direct effect on USDT prices or the wider crypto market.
Neutral
The update concerns Bitget’s rewards promotion rather than a change to USDT’s fundamentals, supply, or market use. The larger cumulative reward pool and recipient count may increase campaign engagement, but no material price catalyst for USDT is reported. In the short term, the announcement is unlikely to alter USDT trading or market stability; any effect would more likely be limited to activity on the exchange. Over the longer term, continued promotion participation does not by itself establish a sustained change in demand for USDT. Traders should therefore treat the news as platform-related rather than as a directional signal for the token, while monitoring broader stablecoin flows and market conditions.