Bubblemaps Price Surges Over 40% as Excitement Grows Around Binance Spot Listing

Bubblemaps (BMT) has experienced a significant price surge, rising by 40% in just 24 hours, with trading volume reaching $51 million, a 188% increase. This surge comes after mounting excitement over the potential listing of BMT on Binance Spot, as well as a recent listing on OKXFUN with 5X leverage. As of March 17, BMT’s price has risen from around $0.085 to $0.14, although it retraced to $0.13 by the time of writing, according to CoinMarketCap.

The price rally follows a steep drop after the token’s launch, likely driven by profit-taking from airdrop claimants. After reaching an all-time high of $0.1684 on March 11, BMT had dipped to a low of $0.0714 on March 12, followed by a period of consolidation between $0.09 and $0.11. The current surge is attributed to the growing excitement around the possibility of BMT being listed on Binance, as well as its recent listing on OKXFUN, where it can be traded with leverage.

Bubblemaps, an on-chain data visualization tool for the crypto community, launched its native token BMT on the Solana blockchain on March 11. The total supply of BMT is capped at 1 billion tokens, and it serves as a utility token, granting users access to exclusive features not available on the free version of the platform.

The platform’s latest update, Bubblemaps V2 Beta, released on November 13, introduced new features like complete historical data of token distributions, cross-chain data visualization, profit/loss tracking for addresses and clusters, and more. In addition to its on-chain visualization capabilities, BMT is also used on IntelDesk, Bubblemaps’ community-driven investigative platform, where users can submit, vote on, and investigate cases. Bubblemaps has uncovered several high-profile insider trading and market manipulation cases, including connections between the LIBRA and MELANIA coins and the recent launch of the WOLF meme coin by Hayden Davis.