Since the last time Binance launched a new project, I haven't paid much attention to the @bubblemaps project. I guess many of you are like me and have overlooked it.
In the past couple of days, I've noticed that the price of $BMT has dropped a bit. I'm not saying it's not good anymore; rather, I think this is a good time to pay more attention. A few days ago, when it was at 0.08, I didn't buy enough, and today I just saw on Twitter that it has risen to 0.09+. I regret it 😭
Actually, BubbleMaps behind BMT is quite simple. To put it bluntly, it's a tool that helps people understand on-chain data. We all know that blockchain data is public, but it's too difficult for ordinary people to figure out the nuances, such as which wallets are being moved by large holders, which wallets are connected, and whether anyone is doing anything shady. It visualizes these relationships in a bubble chart format, making it very convenient to see at a glance.
Previously, this tool was quite popular on the Binance Smart Chain, and later it added mainstream chains like Ethereum and Solana. Now it has even integrated newer chains like TON and Sonic, and it has connected with commonly used platforms like Coingecko and Dexscreener, making it really convenient to use.
To be honest, there were quite a few similar tools in the last cycle, but many didn't last. The fact that BubbleMaps has survived and continues to update its features (like Time Travel to view historical wallet movements and Magic Nodes to identify suspicious wallet groups) shows that there are indeed users using it, and it's not just a concept.
As for the $BMT token, it is the platform's token, and you need it to unlock new features and use premium services. During the IDO, many BNB holders made some profits. Now that the price has dropped, it's not necessarily because the project has issues; it might just be market sentiment. After all, the project team is steadily working on things!
Anyway, I think projects with actual products that can solve real problems are worth looking at more closely when they drop. After all, on-chain transactions are becoming more popular, and the demand for understanding data will only increase. The current price of $BMT compared to its peak isn't very high, around 0.09. It has risen a bit in the past couple of days, so everyone can take a look and see if they can find a suitable opportunity.
If you're interested, you can also try out the product:
The data analysis part is really quite convenient and useful!
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