Hua BNB
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Bullish
#Bubblemaps ($BMT ) recently experienced an amazing uptick in trading volumes with its 24-hour trading volume hitting a whopping $115 million. This is a staggering 500%+ increase from the day before, indicating a sudden and increasing demand for the token among investors and traders.
As far as its price history goes, Bubblemaps has had quite a rollercoaster ride. It reached its all-time high at $0.3173 but has retraced since then, with the current price being roughly 71.5% lower than that high. Meanwhile, the lowest price on record that the token has reached is $0.07223, which means its current price is approximately 25% higher than this floor level, registering a respectable recovery.
Considering valuation in the market, Bubblemaps has a market cap of about $22.9 million, which positions it in the middle range of cryptocurrencies currently. This is arrived at by taking the circulating supply of about 260 million BMT tokens and multiplying it with the prevailing market price. Moreover, the fully diluted valuation (FDV), an estimate of what the market cap would be if all 1 billion tokens were in circulation, stands at about $89.5 million. With the token emission timetable, achieving FDV may take years as new tokens enter the market gradually.
As compared to the overall crypto market, Bubblemaps' current price action has performed better than much of the competition. BMT is up by almost 20% over the last seven days, which is a much better performance than the general cryptocurrency market, which has made moderate gains. This healthy momentum indicates high investor confidence and increased use in its sector.
At its current price of approximately $0.089, Bubblemaps is showing strong growth backed by high liquidity and demand. The increase in volume coupled with an upward price action makes BMT a token to monitor in the developing market. For investors and analysts, this dynamic may signal developing opportunities as Bubblemaps increases its presence and utility in the cryptocurrency system.
@Bubblemaps.io $BMT
As far as its price history goes, Bubblemaps has had quite a rollercoaster ride. It reached its all-time high at $0.3173 but has retraced since then, with the current price being roughly 71.5% lower than that high. Meanwhile, the lowest price on record that the token has reached is $0.07223, which means its current price is approximately 25% higher than this floor level, registering a respectable recovery.
Considering valuation in the market, Bubblemaps has a market cap of about $22.9 million, which positions it in the middle range of cryptocurrencies currently. This is arrived at by taking the circulating supply of about 260 million BMT tokens and multiplying it with the prevailing market price. Moreover, the fully diluted valuation (FDV), an estimate of what the market cap would be if all 1 billion tokens were in circulation, stands at about $89.5 million. With the token emission timetable, achieving FDV may take years as new tokens enter the market gradually.
As compared to the overall crypto market, Bubblemaps' current price action has performed better than much of the competition. BMT is up by almost 20% over the last seven days, which is a much better performance than the general cryptocurrency market, which has made moderate gains. This healthy momentum indicates high investor confidence and increased use in its sector.
At its current price of approximately $0.089, Bubblemaps is showing strong growth backed by high liquidity and demand. The increase in volume coupled with an upward price action makes BMT a token to monitor in the developing market. For investors and analysts, this dynamic may signal developing opportunities as Bubblemaps increases its presence and utility in the cryptocurrency system.
@Bubblemaps.io $BMT
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