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Investing in Bubblemaps (BMT): A Brief Overview
Bubblemaps is an innovative blockchain analytics platform that presents on-chain data via interactive bubble maps, used to track the distribution of tokens and NFTs. Founded in 2022 in Paris, it supports chains like Ethereum and Solana. The native BMT token (current price ~$0.1064, market cap ~$32.95 million) provides access to premium features and stimulates on-chain investigations.
Investment Pros:
A unique tool for analyzing DeFi and NFTs.
Solid funding (€6.5 million 2023-2024) and integrations with major platforms.
Growth potential in the Web3 market.
Risks:
High volatility (down 36% week-over-week).
Manipulation risk and the overall cryptocurrency market.
Competition from Chainalysis and Nansen.