BMT Token Soars 23% as Staking, Bubble Burn, and Whale Activity Drive $148.7M Volume

BMTUSDT experienced a 23.08% price increase over the past 24 hours, rising from 0.0975 to 0.1200, with trading volume reaching $148.7 million and a market capitalization of $40.75 million. The price surge is primarily attributed to several positive developments: Binance’s introduction of an 18% APR staking program led to over 40% of the circulating supply being staked, reducing liquid supply; a recent 'Bubble Burn' event removed 2 million BMT from circulation; and on-chain data shows increased whale accumulation with significant withdrawals from exchanges. Additionally, the launch of Bubblemaps V2 'Magic Nodes' on PancakeSwap V3 resulted in a 24% increase in user engagement, further supporting demand. These factors, combined with recent technology upgrades and strong community activity, have contributed to heightened interest and robust market performance for BMT.