BMT Token Soars 23.72% as Staking, Bubble Burn, and Magic Nodes Drive Record Demand
BMTUSDT has surged by 23.72% in the last 24 hours, with the current price at $0.1184 and a 24-hour trading volume of approximately $108.3 million. The price increase is primarily attributed to several recent developments: Binance's introduction of an 18% APR staking program has led to over 40% of BMT's circulating supply being staked, reducing available liquidity. The token's inclusion in Binance's Learn & Earn campaigns has boosted user engagement and awareness. Additionally, a recent 'Bubble Burn' event permanently removed 2 million BMT from circulation, and on-chain data indicates increased whale accumulation and significant withdrawals from exchanges, further tightening supply. The launch of Bubblemaps' V2 'Magic Nodes' feature on PancakeSwap V3 has also contributed to a 24% rise in user activity. Collectively, these factors have driven strong demand and positive sentiment, resulting in BMT's leading performance among mid-cap cryptocurrencies today.