BMT Token Surges 8.55% as Staking, Token Burn, and Magic Nodes Drive Market Momentum

Bubblemaps (BMT) saw an 8.55% price increase over the last 24 hours, rising from $0.1193 to $0.1295 on Binance. This upward movement is primarily attributed to several recent developments: Binance’s introduction of an 18% APR staking program led to over 40% of the circulating supply being staked, significantly reducing available liquidity and supporting upward price pressure. Additionally, the recent ‘Bubble Burn’ event removed 2 million BMT from circulation, further constraining supply. Increased user engagement from the launch of the V2 ‘Magic Nodes’ feature on PancakeSwap V3 has also contributed to heightened trading activity and demand.

Currently, BMT trades at $0.1295 with a 24-hour trading volume reported between $24.76 million and $97.7 million, a market cap near $40 million, and a circulating supply of 310.73 million tokens. The combination of high staking rates, token burns, and new platform features has driven strong market interest and notable short-term price appreciation.