Bubblemaps (BMT) has shown a significant price increase amid recent news of a potential listing on Binance and a recent debut on OKXFUN.
Sharp Increase in BMT
As of March 17, Bubblemaps (BMT) surged by 40% in the past 24 hours, with a trading volume reaching $51 million—an increase of 188%, according to CoinMarketCap. Most of this rally occurred in the last few hours, as the price rose from around $0.085 to $0.14, but it has since retraced to $0.13 at the time of writing.
Growth Factors
The primary catalyst for this surge appears to be the anticipation of a potential Binance listing, with BMT token generation having been hosted on Binance Wallet. In addition, OKXFUN recently added BMT for trading with 5X leverage. The token initially experienced a sharp decline after the launch, likely due to a sell-off by airdrop claimants, followed by a consolidation period between $0.09 and $0.11.
BMT Token Usage
BMT is Bubblemaps' native token launched on the Solana blockchain on March 11 with a total supply of 1 billion. It serves as a utility token on the platform, providing users access to exclusive features not available in the free version. Additionally, BMT is used on other Bubblemaps platforms such as IntelDesk, where users can submit cases for investigation, vote on them, and direct resources for analysis.
The recent developments are driving interest in BMT and drawing significant attention to the Bubblemaps platform and its tools.
