Recently, I found that the tool Bubblemaps is gaining more and more attention in the trading circle. It indeed addresses a core pain point in the token market—how to quickly determine whether the project party has manipulated the token distribution. Especially now, with Meme coins flooding the market, projects with highly concentrated holdings often hide risks of internal manipulation. Bubblemaps uses a visual bubble chart to directly show you the wallet correlations and the concentration of holdings. For example, in a project that claims to be decentralized, if the top five addresses suddenly control over 60% of the supply, the chart will immediately highlight it in red as a warning. This level of intuitiveness is very friendly for retail investors.


What deserves more attention is their Intel Desk feature, which is like giving the community a magnifying glass. Users can not only submit on-chain investigation clues but also receive rewards through the $BMT Token. Currently, there are over 12,000 crowdsourced analysis records, and some have successfully exposed three teams disguising themselves as community projects by tracking the associated addresses of whale Wallets. This UGC model is forming a positive feedback loop - the higher the quality of investigations, the stronger the practical value of $BMT.
On a technical level, Bubblemaps' underlying architecture handles label data for over 47 million wallet addresses, with particularly high accuracy in identifying cross-chain bridges and CEX cold wallets. Their token $BMT currently has a market cap of around 8 million USD, but as a core functional passport of the platform, there is significant room for expansion in future compliance audits and real-time monitoring scenarios. Recently, there was a case where a certain DeFi project was detected by Bubblemaps before launch, revealing that 30% of the tokens were reserved for hidden addresses, ultimately forcing the team to revise the allocation plan. This type of demand is continuously increasing. From an investment research perspective, the valuation of such tool-type tokens is often underestimated, but as on-chain data analysis becomes a necessity, the staking and governance value of $BMT may be repriced by the market.

{future}(BMTUSDT)
BMT1.09%
MEME5.54%
DEFI5.8%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)