Recently, market sentiment has been a bit subtle; many friends privately asked me if they feel increasingly confused. New coins are emerging one after another, hot topics rotate quickly, and there's the fear of getting stuck if you chase them.
Today, I don't want to talk about wealth codes or predict the next hundredfold coin. I want to discuss something practical—how I found a sense of 'control' in this chaotic market.
Without keeping you in suspense, today's protagonist is Bubblemaps.
I know that when people hear 'on-chain data tools', many might just scroll past, thinking those things are too far from us, something only 'scientists' play with. Honestly, I thought the same at first.
Until once, I watched a Meme coin that I had been following for a long time, crash 80% in just 5 minutes without any warning. I was puzzled, reviewing the candlestick charts and scouring the community, unable to find a reason.
Later, a friend handed me a picture, a chart made up of various sized 'bubbles' and lines. He said, 'Stop looking at the candlesticks, look at this.'
That was my first encounter with Bubblemaps.
From looking at 'prices' to looking at the 'table'.
The impact this chart had on me was far greater than that red candlestick. It turned all the holding addresses of that Meme coin into bubbles of varying sizes. The larger the bubble, the more holdings it represented. And if there had been a transfer between addresses, they would be connected by a line.
Such a simple design allowed me to instantly understand the truth behind that crash:
In that project, the top 20 holding addresses appear to be dispersed and independent, but in the Bubblemaps graph, they ultimately point to the same 'super bubble'—the project's initial wallet, through a convoluted transfer relationship.
What does this mean?
This means that all of us retail investors have actually been playing cards against a single player who holds 80% of the chips on the table. His manipulation is to attract us to the table; what we see as a 'crash' is just him deciding to flip the table and leave.
Since that day, the first step in researching new projects is no longer to check how beautiful its official website is or how lively the community is. Instead, I first copy the contract address into Bubblemaps and spend 5 minutes looking at the real layout of this 'table'.
Professional analysis? No, this is an 'X-ray machine' that ordinary people can also have.
I'm not suggesting everyone become some kind of on-chain detective, but Bubblemaps indeed gives us ordinary investors an unprecedented ability—to see through the disguise.
Recently, the hot topics have switched quickly, especially with various new projects on Solana and Base, each story more enticing than the last. But in times like this, it's even more important to stay calm.
I casually checked a few recent hot projects and discovered some interesting phenomena:
The 'fake community' exposed: in a so-called 'community-driven' project, over 30 of the top 50 wallets received tokens from the same source address within 24 hours before the token launch. This is not a community; this is clearly a 'rat trading' profit-sharing meeting.
The 'shadow wallets' of exchanges: before the announcement of a certain token's launch on a major exchange, there are always a few 'smart' wallets that can accurately buy the bottom. By tracing back through Bubblemaps, you'll find these wallets have slight but clear associations with some known internal wallets of exchanges.
This information is like searching for a needle in a haystack in traditional candlestick charts and trading records. But under Bubblemaps' 'X-ray', everything becomes intuitive and clear. It can't guarantee you'll make money, but it allows you to clearly see your opponent's cards before you place your bet, preventing you from becoming the 'dumb money' that gets harvested.
Why talk about it now? Because it is becoming an 'instinct'.
No matter how good a tool is, if the barrier to use is too high, it will remain a toy for a few.
What impresses me most about Bubblemaps is its 'breakthrough'. Now, the DEX Screener, CoinGecko, Birdeye, and even Etherscan and BscScan that we use every day have gradually integrated its functions.
This means that 'checking chip distribution' is transforming from a professional investment research action into a basic and instinctive operation like 'viewing candlesticks'. When a tool becomes the infrastructure of the industry, whether you look at it or not, it is there influencing the direction of the market.
Some immature thoughts I want to share with everyone.
In discussing this, I am not recommending everyone buy its token (BMT), I even suggest you first not to care about its price.
I hope everyone can see it as an opportunity for 'cognitive upgrade'. Web3 has given us unprecedented transparency, but the prerequisite is that you need to learn how to 'see'.
Bubblemaps is like giving us a new pair of glasses. With them on, we see not just the rise and fall of prices, but the capital games behind it, the greed and fear of human nature.
So, I want to throw this question to everyone, to discuss together in Binance Square:
Have you ever been harvested by 'insider trading' or 'whale dumping'? If you could see the chip distribution at that time, would you have made different choices?
With the popularity of such tools, how do you think the 'scalping' methods of Web3 projects will evolve in the future? How should we ordinary investors respond?
Besides identifying risks, what other scenarios do you think tools like Bubblemaps can help us discover real value depressions?
I look forward to seeing your true stories and deep thoughts in the comments section. Let's work together to become the smarter player at the table.
