$💥💥Bubblemaps launches the "Time Travel" tool to detect internal activities and pyramid schemes

Bubblemaps aims to provide forensic-level analysis tools to Web3 users. The blockchain intelligence platform Bubblemaps has launched the public version of its product v2, which offers new tools to help users detect internal activities and prevent scams related to memecoins.

Announced on May 29, Bubblemaps v2 arrives after a period of private beta testing that attracted over 200,000 users. Among the new features are "Magic Nodes," which uncover hidden connections between token holders, and "Time Travel," a tool that reconstructs the historical distribution of tokens, allowing for the detection of possible early internal activities or accumulation efforts. The memecoin suffered a 99% drop, wiping out most of its peak market capitalization of $42 million in a matter of hours. More than 82% of the token supply was in the hands of a single entity, which is a significant red flag for any cryptocurrency.

Bubblemaps played a key role in uncovering suspicious activities in wallets related to multiple memecoins, including the Melania token and a series of fake Eric T X-themed memecoins. This fits perfectly into the InfoFi movement, as it provides users with the necessary tools to turn raw on-chain data into clear and useful information.”