The Bubblemaps course ($BMT ) has fallen by 2.72% in the last 24 hours, which is worse than the overall cryptocurrency market (-3.11%). The main reasons are profit-taking after the Binance campaign, negative technical signals, and mixed reactions to the Rugproof investigation.
Profit-taking after the Binance campaign — participants likely sold the received $BMT for completing tasks.
Technical weakness — the price broke through important support levels, indicating a bearish trend.
The impact of the Rugproof investigation — mixed reviews on the exposure of a possible fraudulent scheme.
The drop in $BMT is associated with profit-taking after the campaign, technical issues, and specific risks in the meme coin sector. Despite the strengthening of reputation due to investigations, the short-term price dynamics depend on whether buyers can maintain support at $0.0678.