In a wave of Meme coins, a question arose in the community: Is the token holding really decentralized? In the blockchain explorer, the first few hundred wallets seem to be independent, but it's hard to verify their true relationships.
Bubblemaps' Magic Nodes feature comes into play. Through an algorithm, it aggregates multiple wallets with high financial transactions into a cluster. The results show that what appeared to be independent wallets actually belong to a highly interconnected network. This means that the hundreds of investors on the surface may actually be controlled by just a small group of people.
After community members shared this cluster map, the discussion immediately gained direction. Many people realized that the risks of this project far exceeded expectations. Ultimately, users avoided blindly chasing high prices, and the value of Bubblemaps' tool was confirmed in a real-world scenario.
This capability illustrates that transparency is not just about data being public, but also about revealing structures. Without Magic Nodes, this disguise would almost be impossible to uncover easily.
