The same hype: some are trapped, while others make money
The most confusing aspect of the crypto world is that two projects that look almost identical can have completely opposite outcomes. Both start with dazzling whitepapers, lively communities, and rising prices, but one quickly crashes while the other steadily gains a foothold. Why? The answer is all written on the chain.
A few months ago, I encountered such a pair of projects. Friends said, "You can make money with either one," but instead of betting based on instinct, I first used BubbleMaps to look at their distribution.
The bubble chart of the first project made me withdraw immediately. 70% of the tokens were concentrated in a few giant bubbles, and there were frequent transfers between these wallets, as if they were flipping tokens to create activity. The community wallets had almost no presence. Clearly, this was a controlled game. I decisively gave up, and within a week, these big bubbles concentrated their sell-offs, causing the price to plummet by 70% from its peak.
However, the bubble chart of the second project gave me confidence. The largest bubble was a locked contract, transparent and stable; most of the major addresses were early investment institutions, distributed reasonably with almost no inter-wallet transfers; the remaining tokens were scattered across hundreds of community wallets. This structure resembled a star map, sparse yet robust, healthy and natural. I chose to buy in and have held ever since. It turns out that its price not only maintained its early gains but has gradually risen steadily.
These two decisions made me realize: the same hype can hide completely different structures beneath. One is a trap, the other is an opportunity. The difference lies not in the narrative, but in the distribution on the chain.
Price is merely the surface; structure is fundamental.
With BubbleMaps, you can see the direction clearly amidst the noise.