$BMT rose 2.48% in 24 hours due to a Binance-led rewards campaign and increased interest in Info-Fi analytics.
$150,000 BMT rewards campaign from Binance boosts user engagement
Info-Fi narrative momentum amid sector rotation
Technical recovery from overbought RSI levels
1. Main catalyst: Binance's CreatorPad campaign
Binance Square launched a $150,000 BMT token rewards program on July 30, 2025, requiring participants to:
Create content related to BMT ($105,000 allocated for the top 300 creators)
Trade ≥$20 in BMT via Spot/Futures
Follow Bubblemaps social channels
This coincided with a 6.41% increase in trading volume ($11.9 million), indicating coordinated buying to qualify for rewards. The campaign continues until October 30, creating sustained demand pressure.
2. Supporting factors: Tailwinds for the Info-Fi sector
BMT received recognition as one of the top 3 Info-Fi projects in AMBCrypto's analysis on July 31, alongside Kaito and Ocean Protocol. Info-Fi (monetizing blockchain data) aligns with a focus on AI/analytics narratives in 2025, enabling Bubblemaps V2 to track portfolios in real-time across 8 chains.
Recent investigative credibility bolstered the unveiling of an alleged Rugproof scam (July 29) as a reliable on-chain investigation, attracting protocol partnerships.
3. Technical context: Recovery from oversold conditions
Key indicators as of August 3:
RSI14: 28.61 (Oversold area)
MACD: -0.0067, nearing a bullish crossover
Price rose from a Fibonacci low of $0.0723
The increase occurred over 24 hours despite a -43.84% decline over 30 days, indicating that short-term traders capitalized on low levels.
Conclusion
The increase combines campaign-driven speculation, sector significance, and technical recovery. While Binance's initiative provides immediate momentum, sustainability depends on broader adoption of Info-Fi and BMT's utility in governance/analytics.
