Bubblemaps (BMT) Transparency on the Blockchain for Traders
Transparency and data analysis are critical in the fast-paced world of crypto. Bubblemaps (BMT) is a platform that transforms complex blockchain data into a simple visual chart, which can help traders and investors understand data on token distributions and relationships.
What is Bubblemaps?
Bubblemaps is an on-chain data visualization tool that expresses blockchain transactions using interactive bubble charts. Each bubble represents a token, with its size representing the amount of token’s share of total activity. When you see connections or lines between the bubbles, it refers to relationships between wallets, allowing you to track token flow and determine if there may be market manipulation going on.
Key Features for Trader
Interactive Visualisations - Transforms data that can be complex into very simple diagrams to figures to communicate ideas with each other. Even those who have never engaged with crypto before can quickly view charts and direction in activity.
Wallet analysis - Allows you to assess a token's distribution, how much is held by large holders and whether a group, or groups, is accumulating tokens through simple visualisation or whether a token seems to be engaged in a supected pump and dump scheme.
Community intelligence - Allows users to report suspicious activity and vote on investigations in a decentralised space, helping to make all user behaviour more taskable and consistent in view of community driven transparency.
BMT TOKENOMICS
BMT is a utility token, used as a native token of the Bubblemaps ecosystem.
Holders can stake BMT for rewards while they also help with the governance and security of the Bubblemaps platform.
BMT has a capped total supply of 1billion tokens, which may help maintain value over time.
Market Performance In 2023,
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