Scams in meme coins are widespread, and the methods are evolving day by day!

One of the most common methods in the cryptocurrency market is insider trading.

The idea behind insider trading is that the project team distributes a large amount of the currency to several separate wallets, but in reality, it returns to the same people, and the goal is to prepare it for dumping on traders as soon as the price is pumped!

Previously, we could easily uncover these manipulations through the Holders list from Etherscan, but with the evolution of the market, the topic has become more complicated, and it has become difficult to detect these schemes through traditional methods.

This is where Bubble Maps comes in, the tool that helps you uncover such fraudulent schemes.

In this article, I will explain what Bubble Maps is and details about its currency.

What is the Bubble Maps project?

Bubble Maps is a project specialized in analyzing blockchain data and transforming it into easy-to-understand visual charts.

Instead of drowning in complex numbers and long transaction chains, this tool provides a smart and quick way to understand how currencies are distributed within wallets, and whether there are any suspicious movements.

How does Bubble Maps help you uncover suspicious currencies?

Once you enter the smart contract address of the currency, a map will appear showing all the relationships between wallets in a clear visual manner.

Through the tool, you can:

  • Currency distribution analysis

  • Revealing the links between wallets

  • On-Chain data analysis

Even if you don't use BubbleMaps yourself, you may have benefited from its analyses without realizing it!

This is because it is integrated with major platforms such as:

  • DexScreener

  • Photoon

  • PumpFun

This means that its data helps thousands of users daily to take precautions and avoid falling into the trap of fraudulent currencies.

Details of the $BMT currency

$BMT is the main currency of the BubbleMaps project. The currency has important uses in the project's ecosystem as it opens up many analyses and advantages for users of the tool.

Some important details about the currency are as follows:

  • The currency has two versions, one on the Solana network and the other on the BNB network.

  • The total supply of the currency is 1,000,000,000.

  • The total supply available for trading of the currency is 261,568,133.

It is worth noting that the $BMT currency had an initial offering through Binance and also had a Hodler Airdrop coinciding with its listing on the platform.

In the Airdrop, Binance distributed 30 million tokens of the currency for free to BNB holders who stake their tokens in EARN.

Of course, such opportunities are not the first and will not be the last for BNB holders. If you own BNB, it is advisable to stake it in Earn on the Binance platform to ensure you receive distributions from new cryptocurrency projects on the Binance platform.