Bubblemaps (BMT) has soared 40% in the past 24 hours, fueled by growing excitement over a potential Binance spot listing and its recent debut on OKXFUN. The surge comes amid a sharp rise in trading volume and increasing demand for the on-chain analytics platform’s native token.
BMT’s Rapid Rally and Market Performance
As of March 17, BMT’s trading volume has surged by 188%, reaching $51 million. The price briefly spiked from around $0.085 to $0.14 before retracing slightly to $0.13, according to CoinMarketCap. This rally follows a volatile trading period after the token’s launch, with BMT hitting an all-time high of $0.1684 on March 11 before dropping to a low of $0.0714 on March 12. Since then, the price has consolidated between $0.09 and $0.11 before today’s breakout.
The primary catalyst for this surge appears to be heightened speculation about a potential Binance spot listing. The token’s generation event (TGE) was hosted on Binance Wallet, further fueling investor optimism. Additionally, OKXFUN has recently listed BMT with 5X leverage, increasing market exposure.
Airdrop and Growing Holder Confidence
BMT’s airdrop is now live, allowing eligible users to claim their tokens via the BMT claim portal. However, instead of selling, many claimants are choosing to hold onto their tokens, further supporting price stability and potential future gains.
Bubblemaps: On-Chain Analytics and Expanding Use Cases
Bubblemaps is a leading on-chain data visualization tool designed to enhance transparency in the crypto industry. The platform launched its native BMT token on the Solana blockchain on March 11, with a total supply of 1 billion. BMT functions as a utility token, unlocking exclusive platform features beyond the free version.
In November, Bubblemaps released Bubblemaps V2 Beta, introducing expanded capabilities such as full historical data tracking, cross-chain data visualization, and profit/loss monitoring for addresses and clusters.
Beyond its visualization tools, BMT also powers IntelDesk, a community-driven investigative platform. IntelDesk enables users to submit and vote on cases for on-chain investigations. The platform has played a key role in uncovering insider trading and market manipulation schemes, including the recent WOLF meme coin launch by Hayden Davis and the link between LIBRA and MELANIA tokens.
Looking Ahead: Will Binance Confirm a Listing?
As speculation builds around a Binance spot listing, BMT continues to attract attention from traders and analysts alike. If confirmed, the listing could further accelerate BMT’s adoption and market presence. Until then, Bubblemaps’ expanding ecosystem and investigative contributions to the crypto space remain key drivers of long-term interest in the token.
