Today, March 11, 2025, Bubblemaps officially launched its Token Generation Event (TGE) on the BNB Chain via PancakeSwap.
Details of the TGE Event
The event, hosted on the BNB chain, will run from 8:00 AM UTC to 10:59 AM UTC. Investors have the opportunity to acquire 40 million BMT tokens priced at $0.02 each, as the project attempts to raise $800,000 in BNB for further development. A significant feature of the event is the absence of traditional lock-up periods, allowing investors to trade BMT tokens immediately after its conclusion.
Unique Features of BMT Tokens
Each wallet's contribution will determine its share, proportional to the total BNB deposited. There is a participation cap of 3 BNB per wallet to ensure fair distribution. A unique characteristic of this TGE is real-time liquidity, as investors can begin trading BMT tokens right after the event on Binance Wallet's DEX or directly on PancakeSwap.
Comparisons to Another Project
Industry observers are drawing parallels to MyShell’s recent TGE, which saw significant oversubscription and post-launch price increases. For context, Binance listed MyShell’s native token, $SHELL, on February 27, 2025, leading to its all-time high of $0.6936 within hours of listing. The token's current price has since dropped by 60.03% to $0.2762, a 4.69% decline in the last 24 hours.
The funds raised during the Bubblemaps TGE will be used to further develop tools that simplify blockchain data visualization and transparency.