BMT Token Surges 17% as Staking, Supply Burn, and V2 Upgrades Drive Record User Activity

Bubblemaps (BMTUSDT) experienced a 17.01% price increase over the past 24 hours, with the current price at $0.1197 and a 24-hour opening price of $0.1023 on Binance. The price surge is primarily attributed to several recent developments: the launch of an 18% APR staking program on Binance, which resulted in over 40% of the circulating supply being staked and reduced available liquidity; a 'Bubble Burn' event that permanently removed 2 million BMT from circulation; and the rollout of Bubblemaps V2 with the introduction of the 'Magic Nodes' feature on PancakeSwap V3, which led to a 24% rise in user engagement. On-chain data also indicates increased whale accumulation and significant BMT withdrawals from exchanges, further lowering the available supply and contributing to upward price pressure.

BMT currently trades at $0.1197 with a 24-hour trading volume of $148.7 million and a market cap of $40.75 million, ranking #587 by market capitalization. The token saw a daily price range between $0.0976 and $0.1203, reflecting heightened volatility and investor interest following the recent technical upgrades and supply-reducing events.